Economic Growth

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X @Bloomberg
Bloomberg· 2025-07-04 07:32
Economic Outlook - Deutsche Bank predicts the Spanish economy will continue to grow faster than the Eurozone average [1] - The growth is attributed to the easing of inflation and borrowing costs [1]
Secretary Bessent Expects to Accomplish 3-3-3 Plan
Bloomberg Television· 2025-07-03 18:05
So far, though, it looks like we're going to boost deficits up to 7%. And you ran on this three, three, three plan. 3% deficit, 3% economic growth and 3 million barrels of oil, an increase of 3 million barrels of oil a day in the U.S..Do you expect to get to that by the end of President Trump's term. I do, and I'm not sure where the 7% number is coming from. Right.Because I reject the CBO scoring. But on the other side, the CBO also scored terrible income at 2.8% trillion. So, you know that that's substanti ...
X @The Economist
The Economist· 2025-07-03 18:00
Forecasts suggest that the bill would widen America’s budget deficit, slow long-term economic growth and hurt the poor. Our charts show by how much https://t.co/3EZgqZ1ItL ...
Tax bill awaits final House vote, tariff pause nears: Market Catalysts
Yahoo Finance· 2025-07-03 17:46
On today’s Market Catalysts, host Julie Hyman covers key trending stories on Thursday, July 3. Yahoo Finance Washington Correspondent Ben Werschkul joins the show to discuss the latest on President Trump's tax bill, which is awaiting its final vote in the House as House Minority Leader Hakeem Jeffries delays the vote with his speech. Former Congressman Kevin Brady, architect of the 2017 Tax Cuts and Jobs Act, shares his insights on the bill's impact on Medicaid and US economic growth. Wells Fargo Investment ...
Watch CNBC's full interview with U.S. Treasury Secretary Scott Bessent
CNBC Television· 2025-07-03 16:50
The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Uh, well, it's going it's going to going to pass and my expectation is that we'll get a vote around 130 today. Got it.You have said that this isn't ...
Treasury Secretary Scott Bessent: I expect we'll get a bill vote around 1;30pm today
CNBC Television· 2025-07-03 16:45
The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Well, it's going it's going to going to pass and my expectation is that we'll get a vote around 1:30 today. Got it.You have said that this isn't a d ...
Goldman Sachs' Jan Hatzius: Jobs headline numbers overstate strength of report
CNBC Television· 2025-07-03 15:35
Goldman Sachs global chief economist Yan Hatius joins us with his first take on the report looks good from the headlines but as I highlighted earlier beneath the surface you know where the job growth was concentrated why the unemployment rate came down wasn't all that great what do you think true it overstates the strength of the report if you just look at the headline numbers I think on the establishment survey the private sector was pretty soft and the big headline number was really driven by increas piec ...
Miran Says Jobs Report Shows US Economy Normalizing
Bloomberg Television· 2025-07-03 13:49
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' ...
How Wall Street is reacting to Trump's spending bill
MSNBC· 2025-07-03 12:42
Turn now to CNBC's Dom Chu for more on the economic impact of this bill. U Dom with news that it looks like this bill will pass a short time from now. How are markets reacting.What does Wall Street think about the impact here. So that's the lens that we're looking at all of this through Willie and to be fair, we've been watching it happen over the course of the last several weeks because the market does become for for whatever it is a kind of handicapping or discounting mechanism for everything that's devel ...
Teeter: The bill’s biggest impact is removing uncertainty and setting the rules
CNBC Television· 2025-07-03 12:06
Are there going to be marketked market implications given what we already know about the big beautiful bill. There certainly will. I think the biggest one will be removing some uncertainty.So I think it's been pretty consensus that the bill would get through. I think that's why you're seeing a little bit of a muted reaction this morning. Um I think most corners will will be breathe a sigh of relief.And the main thing is we set the playing field for the second half of the year. So we'll know what the legisla ...