Do you think right now inflation expectations are anchored. >> No. I I don't think that they I I know that the Fed wants them to be appropriately so, but I think that we lost control of inflation in recent memory and it's more under control now, maybe not all the way there.And so uh you know I think that people would be right to worry well well suppose that the policy mix that we saw um you know postcoid uh in the US economy were the policy mix that came back um I don't think President Trump would do that b ...

Fed Vice Chair Philip Jefferson acknowledged the risk of both stubborn inflation and weaker employment conditions—dueling threats that call for opposing Fed prescriptions https://t.co/uC6HhMhQCC ...

And is the labor market in your view and we're going to hear more about it on Thursday. We'll finally get some numbers. >> Is it slowing at this point.And is uh on the other side the other part of the mandate uh is inflation uh are we seeing the beginnings of of another trend higher or do you think that's uh headed lower. No, I I I think on inflation, you know, the last CPI report we got surprised 48 Bloomberg economists on the downside and even had some sort of temporary bad news because there was a refine ...

Bank of England policymaker Catherine Mann warned businesses are continuing to react to elevated levels of inflation https://t.co/PRjB9qcMlU ...

Mark, you've been warning about this, this Bitcoin tech correlation, this Bitcoin tech kind of sentiment that's wrapped into each other. Your take on what this chart is showing. Yeah, I think we will continue to see some of that negativity from the crypto space.I know it's trading stronger today, but I don't that they the sell off there is over. I think the digital asset treasury companies have turned into a negative for the space. So I think that the negativity in crypto will continue to lean on tech and w ...

New today, the Trump administration staying on message after the president backtracked and announced he will withdraw tariffs on beef, coffee, tropical fruit, and other commodities that consumers say cost too much. >> How soon do we expect the prices on those goods now to go down. >> Right.Well, the prices for those goods weren't necessarily going up just because of tariffs. And so, uh, the prices will go down. Well, the prices will go down, of course, but But but because the tariffs have been taken off, >> ...

European Central Bank Governing Council Member Olli Rehn said the risk of inflation slowing shouldn’t be overlooked, Helsingin Sanomat reported. https://t.co/TdNGuXJqIe ...

So, while Epstein has haunted Trump all week, we are still just 10 days out from an election where voters, including some former Trump voters, went Democratic over prices in the economy. Today, Trump is actually responding with action, which is pretty interesting given how much rhetoric goes on in this administration. But he is tweaking tariffs on coffee, tea, oranges, these kind of everyday items, trying to at least bring food prices down, which is something people of course notice every week.The Times rep ...

Market Trends & Economic Outlook - The S&P 500 experienced a recovery from an earlier dip, currently down about 033% [1] - The Nasdaq is also recovering, trading near the flatline, led by Micron, Microsoft, and Nvidia [1] - The consensus expects inflation to remain around 3% for the next 18 months [3][4] - A rebound in the economy is expected next year, with a bill potentially adding almost a full percentage point to GDP growth due to accelerated depreciation [17] Federal Reserve & Monetary Policy - The debate around the Federal Reserve's actions is causing anxiety, particularly in the tech sector [2] - The majority of FMC members are communicating that they are not done fighting inflation, making interest rate cuts in December unlikely [2][3][4] - Upside pressure on inflation is expected due to the dollar's decline and potential pass-through from tariffs [5] - The speaker anticipates the Fed to hold in December due to concerns about upside risks to inflation, which is already at 3% [18] Labor Market Analysis - The true health of the labor market is complex to assess due to data challenges and the timing of the employment report [5][6][7] - Companies predict 2026 will be the worst college grad job market in 5 years [9] - Unemployment rate data for college graduates aged 22-27 shows a divergence, with the rate decreasing for women and increasing for men [9] - The narrative that AI is causing widespread job losses is questioned, as jobless claims are not increasing [10] International Trade & AI Impact - China has been able to adjust its exports, doubling sales to other Asian countries to offset declines to the US [11][12] - The AI story's burden is now on seeing more earnings growth, particularly in the S&P 493, to benefit from AI [15][16] - Service sector companies' input costs have been rising significantly, potentially leading to upside pressure on service inflation next year [20]

are getting some breaking news out of the Fed. For that, let's get to Steve Leeman. Hey, Steve. >> Hey, Carl.Yeah, timing is everything. You ask about Schmidt. We got Schmidt here, Kansas City Fed President, uh, who desented at the last meeting, saying monetary policy is modestly restrictive, and that, he says, is where it should be.He suggests in the speech he's about to give his intention to oppose additional cuts again in December. Says he mind could change, but right now, that's the way he's leaning. cu ...