New York Fed President John Williams anticipates inflation will ease in the second half of the year, with the Fed maintaining its current interest rate range until inflation shows sustainable progress towards 2%. Williams expects inflation to end the year at 2.5% and the unemployment rate to be around 4%. He emphasized that the current monetary policy is restrictive enough to achieve the Fed's goals.
New York Fed president John Williams and Atlanta Fed president Raphael Bostic both expressed a lack of urgency to cut interest rates, citing strong job growth and wage increases. Williams stated that interest rates are currently moving the economy gradually towards its goals, while Bostic expects one rate cut near the end of 2024. This cautious stance follows a pivot from Fed Chair Jay Powell, who emphasized the need for patience in achieving the central bank's 2% inflation target. The shift in tone from Fed officials comes after higher-than-expected inflation data, with investors now pricing in the first rate cut in September.
US bond yields rose after New York Fed President John Williams mentioned the possibility of an interest-rate increase, interrupting the market's recovery from earlier highs. Williams clarified that it's not his base case but acknowledged that higher interest rates may be necessary if economic data indicate a need to achieve the Fed's goals.
John Williams, the legendary film composer, reflects on his 54th Oscar nomination, his iconic scores for movies like "Star Wars" and "Jaws," and his collaborations with director Steven Spielberg. At 92, Williams remains the most nominated living person in Oscar history and the oldest person to be nominated. He discusses his approach to scoring, the impact of his music, and his enduring passion for composing. Colleagues and collaborators praise his talent, work ethic, and dedication to preserving traditional scoring methods.
Federal Reserve Bank of New York President John Williams reiterated that a rate cut is likely later this year, citing the need to bring interest rates back to more normal levels as inflation comes down and the economy balances. He emphasized the lack of urgency but expressed the need to gain confidence in cooling inflation. Williams does not foresee conditions for a rate hike and highlighted the economy's resilience amid the pandemic, echoing his previous speech.
The 96th Academy Awards nominations saw "Oppenheimer" lead with 13 nods, while Jodie Foster returns after 29 years with a best supporting actress nomination, and John Williams becomes the oldest nominee in history at 91. Three films directed by women were nominated for best picture, but only one received a best director nod. Steven Spielberg and Martin Scorsese also made their mark in this year's nominations, with "Barbie" being the first film since "La La Land" to have two nominees for best original song.
Martin Scorsese and John Williams made Oscars history with record-breaking nominations, as Scorsese became the oldest best director nominee at 81 for "Killers of the Flower Moon," and Williams earned his 49th Oscar nomination for original score. Scorsese's film received 10 nominations, including best picture, while Williams now has more Academy Award nominations than any living person, with a total of 54 career Oscar nominations.
Two songs from "Barbie" have been nominated for Oscars, along with a diverse collection of songs and musical scores for the 96th annual Academy Awards. The nominated songs are "What Was I Made For?" by Billie Eilish and Finneas O’Connell, and "I’m Just Ken" by Mark Ronson and Andrew Wyatt. John Williams received his 54th nomination for "Indiana Jones and the Dial of Destiny," while there were surprises in the nominations, including the inclusion of the Osage Tribal Singers’ “Wahzhazhe” from “Killers of the Flower Moon.”
Federal Reserve Bank of New York President John Williams stated that the current tight monetary policy is sufficient to steer inflation back to the Fed's target of 2%, indicating the need for continued restrictive policy to achieve this goal. Williams emphasized the necessity for more evidence of cooling inflation before considering a reduction in interest rates.
New York Federal Reserve President John Williams stated that rate cuts are not currently being discussed by the central bank, as their focus is on determining whether monetary policy is sufficiently restrictive to bring inflation back down to 2%. The Fed recently held its key interest rate steady and projected multiple rate cuts in the future. Williams emphasized that the Fed will remain data dependent and ready to tighten policy if inflation trends reverse. The Fed's projections indicate a decline in inflation over the next few years, with the core personal consumption expenditures price index expected to reach the 2% target by 2026.
Director James Mangold discusses his experience working on "Indiana Jones and the Dial of Destiny," expressing gratitude for collaborating with industry legends such as Steven Spielberg, Harrison Ford, and John Williams. Mangold reveals that the film's ending aims to challenge Indiana Jones' beliefs and tempt him with the idea of living in history. He also addresses the audience's desire for infallible legacy characters and explains the musical journey in the film. Additionally, Mangold mentions that Phoebe Waller-Bridge's character was inspired by Golden Age heroines like Barbara Stanwyck.
Composer John Williams reflects on composing the music for Indiana Jones 5, including a new theme for the character Helena. Director James Mangold praises Williams' scene work and describes their collaboration as a duet. The runtime for Indiana Jones and the Dial of Destiny is 2 hours and 34 minutes, and the movie is set to release on June 30, 2023.
John Williams surprised the audience at the US premiere of 'Indiana Jones and the Dial of Destiny' by conducting a live symphony orchestra in a 12-minute set of music from the franchise, including a new theme for the film's leading lady, Phoebe Waller-Bridge. The 91-year-old composer, who earlier this year became the oldest person to be nominated for an Oscar, had previously announced his retirement after this film, but reversed his decision after being asked to work on another project by Steven Spielberg, who is also making a documentary on Williams' life.
The LA premiere of "Indiana Jones and the Dial of Destiny" featured a surprise performance by composer John Williams and a full orchestra, playing various movements from the movie including the main title theme and new heroine track, "Helena's Theme". Harrison Ford confirmed that this will be his last Indiana Jones movie, while Phoebe Waller Bridge called it a "beautiful closing chapter". The movie hits theaters on June 30.
Attendees at the premiere of "Indiana Jones and the Dial of Destiny" were treated to a surprise 15-minute orchestral performance of the iconic "Indiana Jones" theme music, conducted by John Williams himself. Williams was introduced by Steven Spielberg and received a standing ovation after performing three numbers. The film, starring Harrison Ford, Phoebe Waller-Bridge, and Mads Mikkelsen, will be released in theaters on June 30.
