By Michael S. Derby
NEW YORK, Sept 1 (Reuters) - Federal Reserve Governor Michael Barr said on Tuesday that if inflation does ‌not cool quickly, it will be time for the U.S. ‌central bank to increase interest rates.
"Inflation remains too high — and has been for over five years," Barr said in the text of a speech prepared for delivery before the Second Chance Lending Forum.
Flagging the Fed's September 15-16 monetary policy meeting and the ******* e it gives officials to weigh policy ‌choices, Barr said, "If inflation appears ⁠not to be moderating sufficiently, then I think we should act decisively to raise rates."
"If trends in the ⁠data give me some confidence that inflation is moderating on a path to 2%, then I think we can take a bit more time to ******* s our policy stance," he added.

#inflation #rates #derby

By Michael S. Derby
NEW YORK, Sept 1 (Reuters) - Federal Reserve Governor Michael Barr said on Tuesday that if inflation does ‌not cool quickly, it will be time for the U.S. ‌central bank to increase interest rates.
"Inflation remains too high — and has been for over five years," Barr said in the text of a speech prepared for delivery before the Second Chance Lending Forum.
Flagging the Fed's September 15-16 monetary policy meeting and the ***** e it gives officials to weigh policy ‌choices, Barr said, "If inflation appears ⁠not to be moderating sufficiently, then I think we should act decisively to raise rates."
"If trends in the ⁠data give me some confidence that inflation is moderating on a path to 2%, then I think we can take a bit more time to ***** s our policy stance," he added.

#inflation #time

Federal Reserve governor Michael Barr said Tuesday that if inflation doesn't come down adequately, the central bank should raise interest rates.
Ahead of the Fed policy meeting in just over two weeks, Barr said the outlook for inflation and the economy will top the agenda.
"If trends in the data give me some confidence that inflation is moderating on a path to 2%, then I think we can take a bit more time to ***** s our policy stance," Barr said, according to prepared remarks. "However, if inflation appears not to be moderating sufficiently, then I think we should act decisively to raise rates."
The Fed will get two more readings on consumer and wholesale inflation next week before the meeting on Sept. 16. Recent inflation data has been mixed, with back-to-back cooler reports on the Consumer Price Index for June and July and one stickier report on the Fed's preferred inflation gauge, the Personal Consumption Expenditures index.
Still, Barr said inflation remains too high, pointing to a series of shocks — from tariffs to the conflict in the Middle East to the rapid AI build-out — that "pushed us off course."

#raise #policy #meeting #moderating

Treasury Secretary Scott Bessent earlier today announced a new buyback program for longer-dated Treasury securities that arrives at a moment when the U.S. bond market is under extraordinary stress, with 30-year yields having surged to 5.33% — levels not seen since 2007 — and the benchmark 10-year yield (TOQ26) pressing above 4.72%.
The buyback plan represents Bessent's most direct intervention yet into a market that has been deteriorating for weeks despite economic data that would normally support lower yields, including cooling retail sales, unexpected job losses in July, and moderating core inflation near 2.5%.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.

#market #secretary #scott #bessent

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Silver (SI=F) September futures opened at $67.08 per ounce on Thursday, August 20, 2026, up 1.9% from Wednesday's closing price. The silver price moved lower this morning, reaching $66.81 as of 9:04 a.m. ET.
The silver price opened higher Thursday morning after long-term Treasury yields declined on Wednesday. The decline followed a U.S. Treasury announcement that it would double buybacks of long-term bonds over the next few months. The doubling of repurchases, to $4 billion or more per operation, is not significant in a market worth $32 trillion according to ***** ysts. Its effect on the long-term borrowing costs will likely be short term.
The quick decline in yields did benefit silver, however. The metal briefly rose above $67 for the first time since June before moderating.
The opening price of silver futures on Thursday, August 20, 2026, was 1.9% higher compared to Wednesday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:

#thursday #long

MILAN — The Prada Group reported robust growth in the first half of 2026, boosted by a solid performance in the Americas and Asia-Pacific.
In the six months ended June 30, revenues rose 11 percent to 3.05 billion euros compared with 2.74 billion euros in the first half last year. At constant exchange rates, sales were up 16 percent and, excluding Versace, whose acquisition was officially completed last December, they rose 5 percent.
More from WWD
Boot Barn Beats Q1 Guidance But Sees Trends 'Moderating' Amid 'Challenging' Comparisons
Altra Is One of VF's Biggest Growth Stories: Here's Why

#percent #rose #euros

Artisan Partners, an investment management company, released its second-quarter 2026 investor letter for its "Artisan Small Cap Fund". A copy of the letter can be downloaded here. The fund reported strong absolute returns and modestly outperformed the Russell 2000® Growth Index, which gained 25.7%. Global equities rebounded as resilient US growth, moderating inflation, strong earnings and continued AI investment outweighed delayed rate cuts, rising bond yields and geopolitical uncertainty. Investor Class: ARTSX, Advisor Class: APDSX, and Institutional Class: APHSX returned 26.02%, 26.05%, and 26.11%, respectively, in the second quarter, compared to a 25.71% return for the index. Market leadership favored loss-making, highly leveraged companies, creating a difficult environment for quality-focused active managers. Health care was the strongest relative contributor, while energy, materials, financials and real estate also helped. Technology, industrials and consumer discretionary detracted, partly because the fund did not own oversized index contributors. Software holdings also weakened despite strong fundamentals. The fund remains positive on small-cap opportunities, AI infrastructure and health care, but has reduced software exposure and is staying selective as valuations rise and competitive risks increase. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Artisan Small Cap Fund highlighted Virtu Financial, Inc. (NYSE:VIRT). Virtu Financial, Inc. (NYSE:VIRT) operates as a financial services company that operates through Market Making and Execution Services segments. On July 23, 2026, Virtu Financial, Inc. (NYSE:VIRT) closed at $59.67 per share. One-month return of Virtu Financial, Inc. (NYSE:VIRT) was -1.89% and its shares gained 34.75% over the past 52 weeks. Virtu Financial, Inc. (NYSE:VIRT) has a market capitalization of $9.25 billion with a 52-week range between $31.55 - $68.02.
Artisan Small Cap Fund stated the following regarding Virtu Financial, Inc. (NYSE:VIRT) in its Q2 2026 investor letter:
"Virtu Financial, Inc. (NYSE:VIRT) is a technology-enabled market maker and execution services provider. We believe it has a strong franchise built on market structure expertise, a low-risk trading model and a scalable platform spanning equities, ETFs, futures, foreign exchange, options and crypto. We initiated a Garden position and later elevated it to a Crop position as our conviction increased. We have owned Virtu previously and are encouraged by the new CEO's strategic changes, including expansion into new products and geographies while maintaining its disciplined risk profile. We believe these initiatives support a durable company-specific profit cycle driven by market share gains, growth in execution services and continued expansion in options, ETF block trading and crypto. A more supportive market environment should make the benefits of these strategic change

By Michael S. Derby
July 7 (Reuters) - Americans grew more concerned about near-term inflation pressures in June even as they projected moderating gasoline price gains and a more upbeat view on current and future personal ‌finances, a Federal Reserve Bank of New York report released on Tuesday said.
Inflation a year from now was ‌seen at 3.7% in June, up from 3.5% in May, for the highest reading since September 2023, the bank said in its latest Survey of Consumer Expectations.
Meanwhile inflation three years from now was seen at 3.3% from May's 3.1%, with the June reading at its highest level since June 2022. Five-year ahead expected inflation, which is most closely watched by central bank officials, held steady at 3%.
The rise in near-term inflation expectations comes as prevailing inflation readings have been under considerable pressure from a surge in energy prices due ‌to the Middle East war. The overall ⁠May personal consumption expenditures price index was up by 4.1% in May from the same month a year ago, from April's 3.8% gain.

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
2026 began with a roller coaster of home-buying signals. Mortgage rates fell to three-year lows, then rose with oil prices at the beginning of the Middle East war, and now there's a peace deal in the mix. Home prices are moderating, sellers are reducing their listing prices, and houses are staying on the market for longer, but what's next?
Given the factors in the 2026 housing market, is this a good time to buy a house?
MORE: See our top picks for mortgage lenders for low or no down payments.
Good news for anyone looking to buy a house soon: There are signs of improvement. According to the Realtor.com February 2026 Housing Market Trends Report, there are indications that the real estate market has become more balanced since this time last year.