Jefferson said the Fed’s modernization of discount-window access can help banks raise cash against collateral instead of selling Treasury securities during market stress.
The Nasdaq Composite climbed to a record 27,212.68 in Tuesday trading as technology stocks extended their rebound, with AI enthusiasm and easing oil pressure supporting risk appetite.
John Williams said the Federal Reserve’s ample-reserves framework continues to deliver effective short-term rate control, while its tools can be adjusted as market structure and reserve demand change.
On said its new 2029 plan calls for high-teens constant-currency sales growth, at least CHF 5.6 billion in net sales and an adjusted EBITDA margin above 22%, while authorizing up to $1 billion in share repurchases.
France’s services output rose 0.2% in July, while trade-sales volume was virtually stable with a 0.1% monthly decline.
Statistics Canada’s September 22 slate includes full July travel counts and monthly wholesale and retail services-price indexes, adding detail on tourism flows and merchant margins.
Sarah Hunter said government spending is one component of aggregate demand, while above-target inflation and a relatively rapid housing downturn remain important inputs to the RBA’s September policy decision.
Borrowing was £3.5 billion above the OBR’s August forecast as central-government spending outpaced receipts, while the April-to-August total stayed below last year.
Unaffiliated shareholders would receive $8.05 a share in cash under the merger, which still requires disinterested-stockholder and regulatory approvals.
Microchip has completed its Hailo acquisition, adding AI accelerators, vision processors and software while saying it plans to continue supporting Hailo’s existing products and customers.