Amy Morris

Waller spoke at a conference organized by the Boston Fed.

Chicago Fed President Austin Goolsbee says the Supreme Court's decision to strike down many of President Trump's global tariffs may cause more uncertainty for businesses, but could also help cool inflation.

Goolsbee says inflation progress won't be determined by the number of months over which prices cool.

Consumer confidence ticked up in February on more upbeat prospects for the economy, incomes and job market.

The conference board's gauge rose to 91.2.

That beat expectations.

The conference board chief economist, Dana Peterson, tells Bloomberg the data was gathered before the Supreme Court struck down most of President Trump's sweeping global tariffs.

The rise in confidence comes as recent data indicate the labor market is showing some signs of stabilization and inflation has been relatively tame.

A rally in tech firms spurred a rebound in stocks.

We check markets for you all day long here at Bloomberg, the S&P 500.

up 0.8%.

NASDAQ up about 1%.

The Dow up a little less than 1%.

The 10-year Treasury yield at 4.03%.

The 2-year yield at 3.45%.

And Bitcoin is down 0.2%, around $64,400.

That's news when you want it with Bloomberg News Now.

I'm Amy Morrison.

This is Bloomberg.

News when you want it with Bloomberg News Now.