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Federal Reserve's Schmid: The Fed's current policy stance is not restrictive.

2026-08-05

Federal Reserve's Schmid: The Fed's current policy stance is not restrictive.

Other News
2026-08-04

Philadelphia Fed president and FOMC voter Paulson said the Fed's dual mandate guides policy and restoring inf to the 2% target after more than five years above target is essential. She supported last week's decision to hold rates steady, called recen

Philadelphia Fed president and FOMC voter Paulson said the Fed's dual mandate guides policy and restoring inf to the 2% target after more than five years above target is essential. She supported last week's decision to hold rates steady, called recent inf data encouraging but only a first step, and said the Fed will gather more information to assess underlying inf and the effects of supply shocks such as energy and tariffs while remaining open-minded on the policy outlook.
2026-08-04

Sci‑Tech Innovation 50 (STAR 50) Index rose more than 4%; among constituents, Yuanjie Technology jumped over 13% and Xinyuan Co. gained over 10%.

Sci‑Tech Innovation 50 (STAR 50) Index rose more than 4%; among constituents, Yuanjie Technology jumped over 13% and Xinyuan Co. gained over 10%.
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