Seeking Alpha’s roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks.
- Chicago Federal Reserve President Austan Goolsbee said that the Trump administration’s efforts to undermine the Fed’s independence could end up stoking inflation.
“Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during an interview with CNBC. “You’re going to get inflation come roaring back if you try to take away the independence of the central bank.”
- Ford CEO Jim Farley said that the U.S.-Mexico-Canada trade agreement urgently needs to be updated.
“We built our entire vehicle business as an industry between Canada, Mexico, and the U.S.,” Farley said Thursday during a Bloomberg TV interview. “We have to get this revised.”
President Trump said earlier this week that he had little interest in renegotiating the agreement, calling it “irrelevant,” according to Bloomberg.
- Goldman Sachs (GS) CEO David Solomon said his bank is exploring opportunities in the prediction markets, which he called “super interesting.”
“We have a team of people here that are spending time with them and are looking at it,” Solomon said on a call with analysts Thursday, according to Bloomberg.
“I can certainly see opportunities where these cross into our business,” Solomon added, referring to prediction markets contracts.