BREAKING:🇺🇸 PRESIDENT TRUMP SAID FED CHAIR POWELL MIGHT LOWER RATES.BULLISH 🚀 https://t.co/KR5BrOAxzA ...

2.7% is now 3.1%. >> I'm not aware of that. >> Yeah, it just came out.>> Yeah, I haven't heard that from anybody at the Fed. >> You're including the Martin renovation. You just added >> our entire capital. >> Yeah, you just you just added in a third building is what that is. That's a third building.>> It's a building that's being built. >> No, it's been it was built 5 years ago. We finished Martin 5 years ago.>> It's part of the overall work. >> It's not new. Well, those tensions between President Trump and ...

JUST IN: 🇺🇸 President Trump says he thinks Fed Chair Jerome Powell might be ready to lower rates. https://t.co/wKSgi8GtA9 ...

💥BREAKING:TRUMP SAYS THAT DURING HIS VISIT TO THE FED WITH POWELL, HE GOT THE IMPRESSION YESTERDAY THAT POWELL MIGHT BE READY TO LOWER RATES.EXTREMELY BULLISH FOR MARKETS!!! https://t.co/AXBM6DoJQT ...

US Economic Policy & Federal Reserve - The meeting between President Trump and Fed Chairman Jerome Powell at the Federal Reserve was a rare occurrence, highlighting the ongoing pressure from the White House on the Fed [4][6][7][8] - President Trump criticized the Federal Reserve's building renovations, claiming the cost had risen from 2.7% to 3.1% billion, which Powell fact-checked in real time [1][2][9] - The President's team has been focusing on the Federal Reserve renovation budget overruns, which started in 2017, as a line of attack [9] - There's a shift in the administration's messaging, with less emphasis on firing Jerome Powell and more focus on his successor, potentially indicating a more sober approach [12][14] Trade Agreements & Economic Data - The US administration aims to finalize trade agreements with the EU and India before the August 1st deadline [16][17] - Key economic data, including GDP and jobs data, will be released next week, providing insights into the impact of the trade war on the US economy [18] - The political fallout from the trade war and the reaction to the President's strategic approach are being closely monitored [19][20]

We're looking at the construction and uh we're with the chairman as you know. Chairman, come on over. And we're just taking a look at what's happening.You know, it's a it's a tough construction job. They're building basements where they didn't exist or expanding them and a lot of very expensive work. There's no question about it.And uh Tim has been with me for a long time. And you're in charge of the committee. >> Indeed.One of the reasons why we wanted to see it was the overruns of the expenses. wanted to ...

Spot the Fed.https://t.co/TqqI0Wx7CTBalaji (@balajis):THE FED IS FEELSWhen I say the Fed sets rates on feels, I mean it in the most literal sense. See the quote[1] below, where they admit setting rates based on what they "felt like" in the morning!That piece[1] gives a behind-the-scenes look into how Fed officials "reached their https://t.co/6jQdr5aELZ ...

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **Emerging Markets (EM)** and **Global Fixed Income** strategies, with a focus on the **USD** and its impact on EM local markets. Core Insights and Arguments 1. **USD Rebound and EM Markets** - The USD experienced a modest rebound in July, influenced by resilient macro data and policy uncertainty, leading to a neutral positioning in DXY [1][9][12] - EM local markets are expected to regain stability as the medium-term trend of duration and FX gains reasserts itself [1][9] 2. **Investor Positioning and Market Dynamics** - Resilient US data has pressured EM local markets, creating favorable entry points for adding EM exposure [9] - DXY positioning is neutral, with elevated US policy uncertainty suggesting medium-term risks tilted towards USD downside [9][25] 3. **Performance During UST Bear Flattening** - Historical performance during UST bear flattening shows diverse returns for EM local markets, ranging from -8% to +10% [9][50] - Weak commodity prices during bear flattening periods typically lead to lower returns for EM local markets [9][50] 4. **Inflation and Economic Outlook** - The US economy is anticipated to slow following a tariff-induced inflation bump, which could extend the period of economic weakness and deepen the easing cycle in 2026 [25] - Policy uncertainty in the US remains high, with potential impacts on monetary policy and USD strength [25] 5. **Regional Insights** - **Panama**: Despite strong performance, fundamental progress is lacking, leading to potential negative catalysts ahead [10][68] - **Brazil (BRL)**: Expected to perform well due to a hawkish tone from the central bank, with a window for a rally likely open until August [73] - **Chile (CLP)**: Strong fundamentals but potential volatility due to upcoming elections; the currency is expected to be sensitive to voter surveys [73] 6. **Credit Strategy and Recommendations** - EM sovereign credit strategies suggest a preference for high-yielding bonds, with a focus on countries like Guatemala, Dominican Republic, and Costa Rica for potential upgrades [59][60] - Recommendations include selling Panama bonds and maintaining a cautious stance on Colombia due to unattractive valuations [73] Other Important Insights - The **2025 Extel Global Fixed Income Poll** is open for participation, emphasizing the importance of investor feedback on the research provided [3][9] - The analysis of GBI-EM index performance during UST bear flattening indicates that negative returns are often driven by FX components, while positive returns are supported by both FX and duration & carry [28][50] - The relationship between EM local performance and commodity prices is stronger during periods of negative returns, suggesting a need for careful monitoring of commodity market dynamics [40][41] This summary encapsulates the key points discussed in the conference call, providing insights into the current state and future outlook of the EM and Global Fixed Income markets.

💥REMINDER:NEXT WEEK, THE FED WILL DECIDE WHETHER TO CUT, HIKE, OR KEEP RATES UNCHANGED.EXPECT VOLATILITY! https://t.co/7qLVlVovcR ...

🇺🇸 FOMC: Next week, the Fed will decide whether to cut, hike, or keep rates unchanged.What’s your prediction? https://t.co/CFocZUSod8 ...