The 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 Economic Club of New York on Wednesday night, in a speech titled “There’s Still No Rush.”


READ MORE: Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates

With 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 Economic Club of New York.

READ MORE: Fed's Waller says very high bar to hike rates again

After 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 Economic Club of New York luncheon on Tuesday.


READ MORE: Lilly CEO Reflects On D2C As Amazon Joins LillyDirect Delivery

So far, selling direct has been “surprisingly successful,” Chief Executive Officer Dave Ricks said Tuesday in an interview with Bloomberg’s Caroline Hyde at the Economic Club of New York.

“Do people use it? Yes, at scale,” Ricks said. “In fact, we’re having trouble keeping up.”

READ MORE: Lilly Partners With Amazon to Sell More Weight-Loss Drugs

Lilly 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.

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.

In a Tuesday discussion at the Economic Club of New York, Lilly CEO David Ricks talked about the “surprising success” of LillyDirect.


READ MORE: Eli Lilly taps Amazon Pharmacy to dispense its prescription medicines

So far, selling direct has been “surprisingly successful,” Chief Executive Officer Dave Ricks said Tuesday in an interview with Bloomberg’s Caroline Hyde at the Economic Club of New York.

“Do people use it? Yes, at scale,” Ricks said. “In fact, we’re having trouble keeping up.”

READ MORE: Lilly Partners With Amazon to Sell More Weight-Loss Drugs

Eli 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.

READ MORE: Eli Lilly CEO David Ricks talks China, AI, and pharma's next 'golden era' after obesity

Eli 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 Economic Club of New York, 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.


READ MORE: Eli Lilly CEO Dave Ricks

At an Economic Club of New York event in February, former Attorney General Eric Holder said that employers should focus on data-driven DEI — and making the business case therein.

READ MORE: Appeals court rejects challenge to Pfizer’s diverse fellowship pipeline

The 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 Economic Club of New York last week.

READ MORE: SCOTUS affirmative action ruling leaves opening for corporate DEI, former AG Holder says

Richmond Federal Reserve Bank president Thomas Barkin speaks to the Economic Club of New York in New York City, U.S., February 8, 2024.

READ MORE: Fed’s Barkin downplays January inflation data but doesn’t call for quick rate cut

Richmond Federal Reserve President Thomas Barkin speaks to the Economic Club of New York in New York City, U.S., February 8, 2024.

READ MORE: Fed's Barkin: I still see wage, inflation pressures

John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019.

READ MORE: Fed's Williams sees more work needed to get inflation back to 2%

After increased and intense demand for housing during the pandemic, Barkin said in a February speech to The Economic Club of New York, “the market has since cooled somewhat, but with limited supply, prices remain high. If housing supply continues to be short, that could mean further pressure on prices and rents in coming years.”

READ MORE: Shelter From the Economic Storm?

At the Economic Club of New York in 2023, Microsoft Corp. Co-Founder Bill Gates, upon receiving the Peter G. Peterson Leadership Excellence Award, shared his perspectives on leadership and his role in cultivating the company's culture of innovation.

READ MORE: Bill Gates Considers Himself To Be A 'Very Nice' Boss Compared To Elon Musk And Steve Jobs

John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019.

READ MORE: Fed's Williams says rate cuts likely to happen 'later this year'

Richmond Federal Reserve Bank President Thomas Barkin at The Economic Club of New York. 

READ MORE: Fed officials worried about 'the risks of moving too quickly' on rate cuts

Richmond Federal Reserve Bank president Thomas Barkin speaks to the Economic Club of New York in New York City. 

Inflation data in January, with consumer and wholesale prices rising faster than anticipated, complicate upcoming U.S. central bank interest rate decisions, Richmond Federal Reserve President Thomas Barkin said.

READ MORE: US inflation data for January made Fed's job 'harder,' Barkin says

Tom Brady, the seven-time Super Bowl champion, is scheduled to speak at an Economic Club of New York event during an off-the-record dinner in Miami on Feb. 22. He’s not a typical speaker for the organization.

READ MORE: How the N.F.L. Became a Juggernaut of Entertainment

“Looking forward, I am hopeful but still looking for more conviction that the slowing of inflation is broadening and sustainable,” Barkin told the Economic Club of New York.

“No one wants inflation to reemerge,” he said. “And given robust demand and a historically strong labor market, we have time to build that confidence before we begin the process of toggling rates down.”

READ MORE: CEO optimism hits two-year high as inflation cools: Conference Board