Atlanta Fed President Raphael Bostic called for patience amid uncertainty over economic policy and said a wait-and-see approach can help to ensure officials don’t have to reverse course on rates https://t.co/x9V0tKQCRO ...

When we see such a positive jobs report, 147,000 jobs and a lower unemployment level, what is this. What is driving this. Good morning.Thanks for having me. Look, you know, as you said a moment ago, you know, this report was better than 78 out of the 79 forecasts that came into into the Bloomberg consensus range, the Bloomberg forecast. And so what we see is an economy that continues to defy it, continues to defy expectations, continues to defy, you know, all the doom and gloom that's out there, whether it' ...

wouldn't cut rates right away, but I'd have my finger near the trigger. >> All right, Steve, stay with us. >> Let's bring in the rest of our panel, the Brookings Institution's Wendy Edelberg, the Manhattan Institute's Allison Schrager, and our own Mike Santoli.Great to have you all with us. Wendy, let's start off with you. What's your take on the report. What's your take on that asterisk that Steve brings up in terms of the growth from the federal government in terms of job ads.>> Yeah, Steve makes a great ...

report. Joining us right now is Roger Ferguson, former vice uh Fed vice chair as well as a CNBC contributor. Good morning to you.Uh before we get into it, just your reaction to the jobs number. Do you put this in a good category. We had Steve Leeman who found a couple of holes in it.What's your what's your thought. Uh look, overall a very good category. The unemployment rate coming down always very helpful.You know, the job creation number after the ADP surprise uh yesterday very welcomed. I'm not sure I ag ...

Key Takeaways HD's Q1 FY25 sales rose 9.4% to $39.9B, but large remodeling demand stayed soft amid high interest rates. Big-ticket transactions of more than $1,000 rose just 0.3% as customers avoided financed renovations. HD sees a $50B deferred demand opportunity, but rate pressure continues to delay project recovery.Higher interest rates continue to weigh on The Home Depot Inc.’s (HD) core market of big-ticket remodeling business. These bigger renovations typically require financing and persistently hig ...

The most important principle to keep in mind when thinking about large government debts and deficits such as those that we have and that are coming is when countries have too much debt, lowering interest rates and devaluing the currency that the debt is denominated in is the preferred path government policy makers are likely to take. So it pays to bet on that happening. That means betting on a weaker currency and uh lower real interest rates are the best path.And the reason governments uh prefer to take tha ...

The Fed has room to cut interest rates as elevated uncertainty and the impact of tariffs ripple across the economy, said Anne Walsh, chief investment officer of Guggenheim https://t.co/DFY9QPz6BS ...

pulling a bit of a Cory Booker the last couple of hours. We'll see when that finishes. Congressman Ro Khanna of California has been listening to Hakeem Jeffries, the minority leader, but just popped out for Squawk Box.Good morning to you, sir. >> Good morning. It's been a long night. >> It's been a long night.You're on the losing end of this situation. What do you think the implication is here. >> There are two major problems I have with the bill.One that Larry Summers and Bob Rubin pointed out. This bill i ...

You tend to announce your pick for successor to Jay Powell earlier than then, say, or as early as, say, the summer or the fall. Well, I do something about who it's going to be. Yes.I don't know. Hey, give me a break. I do.She'd be a good candidate. Anybody would be Jay Powell. You know, he's closing is unfortunate because he keeps the rate way up.I think it's Trump derangement syndrome personally. But, you know, we have a very strong country with we're the strongest country. Look, our country right now is a ...

Treasury Secretary Scott Bessent questioned Fed policymakers’ judgment on interest rates, reiterating his view that two-year Treasury yields are a signal that their benchmark rate is too high https://t.co/Ze9Ony2Qdj ...