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Hammack says the Fed needs to lower inf to 2% more quickly.

2026-08-13

Hammack says the Fed needs to lower inf to 2% more quickly.

Other News
2026-08-13

The U.S. Treasury Department reported a budget deficit of $432 billion in July (compared to market expectations of $346 billion), compared to a deficit of $291 billion in July of last year.

The U.S. Treasury Department reported a budget deficit of $432 billion in July (compared to market expectations of $346 billion), compared to a deficit of $291 billion in July of last year.
2026-08-13

IDC Q2 tracker: China tablet shipments 7.96 mln units, down 4.4% YoY, a slight narrowing versus Q1. Commercial segment posted sharp growth driven by demand front-loading ahead of expected price increases; consumer shipments fell 9.8% YoY on rising co

IDC Q2 tracker: China tablet shipments 7.96 mln units, down 4.4% YoY, a slight narrowing versus Q1. Commercial segment posted sharp growth driven by demand front-loading ahead of expected price increases; consumer shipments fell 9.8% YoY on rising costs and earlier-than-normal demand release. Headline moderation masks widening market stress as cost inflation accelerates transmission to demand.
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