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Thailand's Ministry of Commerce expects Q3 inflation at 2.09%.
2026-08-05
Thailand's Ministry of Commerce expects Q3 inflation at 2.09%.
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2026-08-05
Aug 4 (Tue) close: Dow Jones +907.53 pts (+1.71%) to 54,085.94; S&P 500 +136.02 pts (+1.79%) to 7,736.52; Nasdaq Composite +671.10 pts (+2.59%) to 26,584.99.
Aug 4 (Tue) close: Dow Jones +907.53 pts (+1.71%) to 54,085.94; S&P 500 +136.02 pts (+1.79%) to 7,736.52; Nasdaq Composite +671.10 pts (+2.59%) to 26,584.99.
2026-08-04
Philadelphia Fed President Paulson, a 2026 FOMC voter, said bringing inflation back to 2% is his top priority and outlined two scenarios: current policy could already be sufficiently restrictive to return inflation to 2% within an acceptable timeframe, or policy may still be too loose — the strongest evidence for the latter being inflation has been above target for more than five years. He said he will judge by the accumulation of data: repeated months of improvement in inflation, business conta
Philadelphia Fed President Paulson, a 2026 FOMC voter, said bringing inflation back to 2% is his top priority and outlined two scenarios: current policy could already be sufficiently restrictive to return inflation to 2% within an acceptable timeframe, or policy may still be too loose — the strongest evidence for the latter being inflation has been above target for more than five years. He said he will judge by the accumulation of data: repeated months of improvement in inflation, business contacts reporting easing pricing and hiring pressures, tariffs, energy and AI-related pressures coming under control, and inflation expectations anchored near 2%. If core inflation remains elevated with no progress over time, tighter policy would likely be required. He said he will remain open-minded while seeking to achieve 2% inflation alongside full employment.
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