Fed's Williams: does not comment on monetary policy. Adds, there should be no opportunity cost to holding reserves, rate control system has been very effective. Will adjust supply of reserves, dependent on market conditions.
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F-16 fighter jet has reportedly crashed near an air base in Spangdahlem, Germany, NTV reports; appears to be user error Autozone (AZO) guides FY27 Q1 domestic DIY SSS relatively flat, with average ticket remaining around +5%; traffic declines continue to offset mid-single-digit LFL inflation Fed's Williams: does not comment on monetary policy. Adds, there should be no opportunity cost to holding reserves, rate control system has been very effective. Will adjust supply of reserves, dependent on market conditions. US President Trump says "United States will no longer permit threats to America to gain a foothold anywhere in the Western Hemisphere", comments at the White House press pool US Richmond Fed Services Revenues Index (Sep) 0 (Prev. -8)
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