News & MediaNews & Mediahttps://www.econclubny.org/web/pages/news-media/-/blogs/rss2024-03-29T10:58:08Z2024-03-29T10:58:08ZBLOOMBERG: Fed’s Waller Says No Rush to Cut Interest RatesCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/bloomberg-fed-s-waller-says-no-rush-to-cut-interest-rates2024-03-29T01:07:52Z2024-03-29T01:06:00Z“In my view, it is appropriate to reduce the overall number of rate cuts or push them further into the future in response to the recent data,” Waller said in prepared remarks Wednesday before the <span style="color:#000000;"><strong>Economic Club of New York</strong></span> titled “There’s Still No Rush.”<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://finance.yahoo.com/news/fed-waller-says-no-rush-220002060.html"><span style="color:#DAA520;">Fed's Waller Says No Rush to Cut Interest Rates</span></a>Caroline Gaudette2024-03-29T01:06:00ZUBS: Fed in 'no rush' to cut ahead of inflation dataCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/ubs-fed-in-no-rush-to-cut-ahead-of-inflation-data2024-03-29T01:04:40Z2024-03-29T01:03:00ZSpeaking at an <strong><span style="color:#000000;">Economic Club of New York</span></strong> gathering on Wednesday, Waller said “there is no rush to cut the policy rate” right now, and that “it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%.”<br>
 
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<strong><span style="color:#000000;"><span style="font-family: Frutiger, Arial, Helvetica, sans-serif; font-size: 17.0017px;">READ MORE:</span></span></strong><span style="color: rgb(28, 28, 28); font-family: Frutiger, Arial, Helvetica, sans-serif; font-size: 17.0017px;"> </span><span style="font-family: Frutiger, Arial, Helvetica, sans-serif; font-size: 17.0017px;"><a href="https://www.ubs.com/global/en/wealth-management/who-we-serve/marketnews/article.1612734.html"><span style="color:#DAA520;">Fed in 'no rush' to cut ahead of inflation data</span></a></span><span style="color: rgb(28, 28, 28); font-family: Frutiger, Arial, Helvetica, sans-serif; font-size: 17.0017px;"></span>
</div>Caroline Gaudette2024-03-29T01:03:00ZBARRON'S: Stock Market News: Dow and S&P 500 Hit Closing HighsCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/bloomberg-emerging-assets-slide-as-traders-shift-focus-to-waller-remarks2024-03-29T00:58:08Z2024-03-28T23:46:00ZWaller said at a Wednesday event organized by the <strong><span style="color:#000000;">Economic Club of New York</span></strong> that economic output and the labor market were showing strength, while progress in reducing inflation has slowed. He said he sees no rush to begin easing monetary policy.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.barrons.com/livecoverage/stock-market-today-032824/card/stocks-are-mixed-as-stellar-first-quarter-comes-to-an-end-MJVlEohqSZrJc0xbyHcb"><span style="color:#DAA520;">Stock Market News: Dow and S&P 500 Hit Closing Highs</span></a>Caroline Gaudette2024-03-28T23:46:00ZBUSINESS INSIDER: Fed's Waller Sends Shiver Down Investors' Spines: 'There Is No Rush To Cut' Interest RatesCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/business-insider-fed-s-waller-sends-shiver-down-investors-spines-there-is-no-rush-to-cut-interest-rates2024-03-29T00:59:45Z2024-03-28T13:41:00ZFederal Reserve Governor Christopher J. Waller starkly opposed the idea of cutting interest rates amidst current macroeconomic conditions characterized by the recent unexpectedly high inflation figures.<br>
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Speaking at the <span style="color:#000000;"><strong>Economic Club of New York</strong></span>, Waller said, “There is no rush to cut the policy rate,” underscoring a cautious approach toward Fed interest rate policy.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://markets.businessinsider.com/news/etf/fed-s-waller-sends-shiver-down-investors-spines-there-is-no-rush-to-cut-interest-rates-1033205443"><span style="color:#DAA520;">Fed's Waller Sends Shiver Down Investors' Spines: 'There Is No Rush To Cut' Interest Rates</span></a>Caroline Gaudette2024-03-28T13:41:00ZBLOOMBERG: Powell Juices Bond Market Bet on Inflation With Tilt to JobsCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/bloomberg-powell-juices-bond-market-bet-on-inflation-with-tilt-to-jobs2024-03-29T00:52:02Z2024-03-28T12:00:00ZSwaps traders on Thursday slightly trimmed wagers that the Fed would cut rates as soon a June following Fed Governor Christopher Waller’s comments to the <strong><span style="color:#000000;">Economic Club of New York</span></strong> on Wednesday that there was no rush to lower interest rates.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.bloomberg.com/news/articles/2024-03-28/powell-juices-bets-in-bond-market-on-inflation-with-tilt-to-jobs?embedded-checkout=true"><span style="color:#DAA520;">Powell Juices Bond Market Bet on Inflation With Tilt to Jobs</span></a>Caroline Gaudette2024-03-28T12:00:00ZMorningstar: Why the Fed Is Delaying Interest-Rate Cuts: WallerCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/dow-jones-why-the-fed-is-delaying-interest-rate-cuts-waller2024-03-29T00:54:48Z2024-03-28T09:44:00Z"I see economic output and the labor market showing continued strength, while progress in reducing inflation has slowed," Waller said at a Wednesday evening event in New York organized by the <strong><span style="color:#000000;">Economic Club of New York</span></strong>. "Because of these signs, I see no rush in taking the step of beginning to ease monetary policy."<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.morningstar.com/news/dow-jones/202403283722/european-midday-briefing-stocks-edge-higher-despite-some-weak-economic-data"><span style="color:#DAA520;">Why the Fed Is Delaying Interest-Rate Cuts: Waller</span></a>Caroline Gaudette2024-03-28T09:44:00ZCNBC: Don’t sweat the prospect of no Fed rate cuts, economist says — markets will still march higherCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/cnbc-don-t-sweat-the-prospect-of-no-fed-rate-cuts-economist-says-markets-will-still-march-higher2024-03-29T01:03:24Z2024-03-28T08:31:00Z<span style="color:#000000;"></span>Speaking at an <strong><span style="color:#000000;">Economic Club of New York</span></strong> gathering, Waller cited recent inflation data, which “tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2 percent.”<span style="color:#000000;"><strong><br>
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READ MORE: </strong></span><a href="https://www.cnbc.com/2024/03/28/dont-sweat-the-prospect-of-no-fed-rate-cuts-economist-says.html"><span style="color:#DAA520;">Don’t sweat the prospect of no Fed rate cuts, economist says — markets will still march higher</span></a>Caroline Gaudette2024-03-28T08:31:00ZMORNINGSTAR: Fed's Waller says there's 'no rush' to cut U.S. interest ratesCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/morningstar-fed-s-waller-says-there-s-no-rush-to-cut-u-s-interest-rates2024-03-29T00:47:31Z2024-03-28T00:46:00ZThe most recent economic data "tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%," he said in speech at the <strong><span style="color:#000000;">Economic Club of New York</span></strong> on Wednesday night.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.morningstar.com/news/marketwatch/20240327766/feds-waller-says-theres-no-rush-to-cut-us-interest-rates"><span style="color:#DAA520;">Fed's Waller says there's 'no rush' to cut U.S. interest rates</span></a>Caroline Gaudette2024-03-28T00:46:00ZBARRON'S: Why the Fed Is Delaying Interest-Rate Cuts: WallerCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/barron-s-why-the-fed-is-delaying-interest-rate-cuts-waller2024-03-29T00:38:43Z2024-03-27T22:40:00Z“I see economic output and the labor market showing continued strength, while progress in reducing inflation has slowed,” Waller said at a Wednesday evening event in New York organized by the <span style="color:#000000;"><strong>Economic Club of New York</strong></span>. “Because of these signs, I see no rush in taking the step of beginning to ease monetary policy.”<br>
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<strong><span style="color:#000000;">READ MORE: </span></strong><a href="https://www.barrons.com/amp/articles/fed-interest-rate-cuts-waller-600de456"><span style="color:#DAA520;">Why the Fed Is Delaying Interest-Rate Cuts: Waller</span></a>Caroline Gaudette2024-03-27T22:40:00ZREUTERS: Fed's Waller still sees 'no rush' to cut rates amid sticky inflation dataCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/reuters-fed-s-waller-still-sees-no-rush-to-cut-rates-amid-sticky-inflation-data2024-03-29T01:01:19Z2024-03-27T22:23:00Z"There is no rush to cut the policy rate" right now, Waller said in a speech at an <strong><span style="color:#000000;">Economic Club of New York</span></strong> gathering. Recent data "tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%."<br>
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<span style="color:#000000;"><strong>READ MORE: </strong></span><a href="https://www.reuters.com/markets/us/feds-waller-still-sees-no-rush-cut-rates-amid-sticky-inflation-data-2024-03-27/"><span style="color:#DAA520;">Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data</span></a><span style="color:#000000;"></span>Caroline Gaudette2024-03-27T22:23:00ZMarketwatch: Fed’s Waller says there’s ‘no rush’ to cut U.S. interest ratesCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/marketwatch-fed-s-waller-says-there-s-no-rush-to-cut-u-s-interest-rates2024-03-29T01:06:07Z2024-03-27T22:05:00ZThe most recent economic data “tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%,” Waller said at the <strong><span style="color:#000000;">Economic Club of New York</span></strong> on Wednesday night, in a speech titled “There’s Still No Rush.”<br>
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<span style="color:#000000;"><strong>READ MORE: </strong></span><a href="https://www.marketwatch.com/story/feds-waller-says-theres-no-rush-to-cut-u-s-interest-rates-5ce6e2c6"><span style="color:#DAA520;">Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates</span></a>Caroline Gaudette2024-03-27T22:05:00ZYAHOO FINANCE: Fed's Waller says very high bar to hike rates againCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/yahoo-finance-fed-s-waller-says-very-high-bar-to-hike-rates-again2024-03-29T00:43:51Z2024-03-27T21:42:00ZWith the Fed now weighing rate cuts, “something would really have to dramatically change on the inflation front to think about” moving the federal funds rate higher, Waller said while answering questions at an event held by the <strong><span style="color:#000000;">Economic Club of New York</span></strong>.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://finance.yahoo.com/news/feds-waller-says-very-high-224246464.html"><span style="color:#DAA520;">Fed's Waller says very high bar to hike rates again</span></a>Caroline Gaudette2024-03-27T21:42:00ZMEDIAPOST: Lilly CEO Reflects On D2C As Amazon Joins LillyDirect DeliveryCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/mediapost-lilly-ceo-reflects-on-d2c-as-amazon-joins-lillydirect-delivery2024-03-14T01:26:19Z2024-03-14T01:23:00ZAfter two months in operation, Eli Lilly’s launch into D2C sales with LillyDirect has been “surprisingly successful,” the company’s chairman/CEO David Ricks told an <span style="color:#000000;"><strong>Economic Club of New York</strong></span> luncheon on Tuesday.<br>
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<span style="color:#000000;"><strong>READ MORE: </strong></span><a href="https://www.mediapost.com/publications/article/394355/lilly-ceo-reflects-on-d2c-as-amazon-joins-lillydir.html"><span style="color:#DAA520;">Lilly CEO Reflects On D2C As Amazon Joins LillyDirect Delivery</span></a>Caroline Gaudette2024-03-14T01:23:00ZBLOOMBERG: Lilly Partners With Amazon to Sell More Weight-Loss DrugsCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/bloomberg-lilly-partners-with-amazon-to-sell-more-weight-loss-drugs2024-03-14T01:14:03Z2024-03-14T01:09:00ZSo far, selling direct has been “surprisingly successful,” Chief Executive Officer Dave Ricks said Tuesday in an interview with Bloomberg’s Caroline Hyde at the <strong><span style="color:#000000;">Economic Club of New York</span></strong>.<br>
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“Do people use it? Yes, at scale,” Ricks said. “In fact, we’re having trouble keeping up.”<br>
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<strong><span style="color:#000000;">READ MORE:</span></strong> <a href="https://www.bloomberg.com/news/articles/2024-03-13/amazon-pharmacy-to-offer-zepbound-weight-loss-drugs?embedded-checkout=true"><span style="color:#DAA520;">Lilly Partners With Amazon to Sell More Weight-Loss Drugs</span></a>Caroline Gaudette2024-03-14T01:09:00ZENDPOINT NEWS: Eli Lilly taps Amazon Pharmacy to dispense its prescription medicinesCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/endpoint-news-eli-lilly-taps-amazon-pharmacy-to-dispense-its-prescription-medicines2024-03-14T01:09:02Z2024-03-14T01:06:00ZLilly began LillyDirect with Form Health as a telehealth provider, and keeps Truepill as a dispensing partner, making Amazon Pharmacy its second. Lilly also uses Eversana pharmacy services for benefits verification, manufacturer savings and prescription routing.<br>
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Along with adding partners, Lilly is also considering additional treatments to add to the service. Cunningham described the success of LillyDirect as a “better than expected” launch.<br>
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In a Tuesday discussion at the <strong><span style="color:#000000;">Economic Club of New York</span></strong>, Lilly CEO David Ricks talked about the “surprising success” of LillyDirect.<br>
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READ MORE:</span></strong><a href="https://endpts.com/eli-lilly-taps-amazon-pharmacy-to-dispense-its-prescription-medicines/"><span style="color:#DAA520;"> Eli Lilly taps Amazon Pharmacy to dispense its prescription medicines</span></a>Caroline Gaudette2024-03-14T01:06:00ZYAHOO FINANCE: Lilly Partners With Amazon to Sell More Weight-Loss DrugsCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/yahoo-finance-lilly-partners-with-amazon-to-sell-more-weight-loss-drugs2024-03-14T01:06:32Z2024-03-14T01:05:00ZSo far, selling direct has been “surprisingly successful,” Chief Executive Officer Dave Ricks said Tuesday in an interview with Bloomberg’s Caroline Hyde at the <strong><span style="color:#000000;">Economic Club of New York</span></strong>.<br>
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“Do people use it? Yes, at scale,” Ricks said. “In fact, we’re having trouble keeping up.”<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://finance.yahoo.com/news/lilly-partners-amazon-sell-more-100001036.html"><span style="color:#DAA520;">Lilly Partners With Amazon to Sell More Weight-Loss Drugs</span></a>Caroline Gaudette2024-03-14T01:05:00ZENDPOINT NEWS: Eli Lilly CEO David Ricks talks China, AI, and pharma's next 'golden era' after obesityCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/endpoint-eli-lilly-ceo-david-ricks-talks-china-ai-and-pharma-s-next-golden-era-after-obesity2024-03-13T22:12:55Z2024-03-13T22:12:00ZEli Lilly CEO David Ricks shared his view from the pharma industry’s peak in an hourlong conversation Tuesday with the Economic Club of New York.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://endpts.com/eli-lilly-ceo-david-ricks-on-china-ai-and-pharmas-next-golden-era-after-obesity/"><span style="color:#DAA520;">Eli Lilly CEO David Ricks talks China, AI, and pharma's next 'golden era' after obesity</span></a>Caroline Gaudette2024-03-13T22:12:00ZBLOOMBERG TALKS: Bloomberg Talks: Eli Lilly CEO Dave RicksCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/bloomberg-talks-bloomberg-talks-eli-lilly-ceo-dave-ricks2024-03-13T22:11:43Z2024-03-13T22:10:00ZEli Lilly CEO Dave Ricks says the company is working on expanding its medicine supply as the global obesity rate increases. Speaking with Bloomberg's Caroline Hyde at the <span style="color:#000000;"><strong>Economic Club of New York</strong></span>, the head of the pharma giant says that they are looking to create an oral tablet in addition to an injectable device and hopes to get them to the market quicker.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.bloomberg.com/news/audio/2024-03-13/bloomberg-talks-eli-lilly-ceo-dave-ricks-podcast"><span style="color:#DAA520;">Eli Lilly CEO Dave Ricks</span></a>Caroline Gaudette2024-03-13T22:10:00ZHR DIVE: Appeals court rejects challenge to Pfizer’s diverse fellowship pipelineCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/hr-dive-appeals-court-rejects-challenge-to-pfizer-s-diverse-fellowship-pipeline2024-03-13T22:08:12Z2024-03-08T22:06:00ZAt an <strong><span style="color:#000000;">Economic Club of New York</span></strong> event in February, former Attorney General Eric Holder said that employers should focus on data-driven DEI — and making the business case therein.<br>
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<span style="color:#000000;"><strong>READ MORE: </strong></span><a href="https://www.hrdive.com/news/pfizer-breakthrough-fellowship-dei-lawsuit/709676/"><span style="color:#DAA520;">Appeals court rejects challenge to Pfizer’s diverse fellowship pipeline</span></a>Caroline Gaudette2024-03-08T22:06:00Zlegal dive: SCOTUS affirmative action ruling leaves opening for corporate DEI, former AG Holder saysCaroline Gaudettehttps://www.econclubny.org/web/pages/news-media/-/blogs/legal-dive-scotus-affirmative-action-ruling-leaves-opening-for-corporate-dei-former-ag-holder-says2024-03-13T21:59:46Z2024-03-05T21:58:00ZThe Supreme Court’s June 2023 decision knocking down race-based university admission practices won’t necessarily scuttle corporate DEI efforts, former Attorney General Eric Holder told the <strong><span style="color:#000000;">Economic Club of New York</span></strong> last week.<br>
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<span style="color:#000000;"><strong>READ MORE:</strong></span> <a href="https://www.legaldive.com/news/scotus-affirmative-action-ruling-leaves-opening-for-corporate-dei-former-a/709215/"><span style="color:#DAA520;">SCOTUS affirmative action ruling leaves opening for corporate DEI, former AG Holder says</span></a>Caroline Gaudette2024-03-05T21:58:00Z