JUST IN: 🇺🇸 President Trump says inflation is "totally neutralized." https://t.co/dC5gC5Rm8r ...

Core Insights - Ricardo Salinas, a prominent Mexican billionaire, has built a vast corporate empire in retail, telecommunications, banking, and media, serving millions of customers across Latin America [1][2] - Despite his traditional business background, Salinas has become a strong advocate for Bitcoin, expressing skepticism towards fiat currencies and government-backed assets, particularly after the inflationary effects of COVID-era stimulus programs [3][4] Group 1: Investment Philosophy - Salinas has allocated 10% of his liquid portfolio to Bitcoin since 2020, indicating a clear conviction in the cryptocurrency as a hedge against inflation [5] - By 2022, he revealed that the majority of his liquid investments were now tied to Bitcoin and related equities, showcasing a significant shift in his investment strategy [5] - In a recent interview, Salinas disclosed that his personal portfolio consists of approximately 70% Bitcoin-related exposure and 30% in gold and gold miners, with no investments in bonds or other stocks [6]

I'm pretty optimistic that for 2026 rates will will be able to be a fair bit lower than they are today, but I've just been uncomfortable frontloading too many rate cuts and assuming that what we've seen in inflation be transitory. It's all amplified by the data being shut down. And so I just felt that we ought to wait that we don't lose a lot. We don't take a lot of extra risk in my view to just wait to Q1 2026 and make sure that we're back on path to 2% inflation. ...

Federal Reserve Bank of Cleveland President Beth Hammack said she would prefer interest rates to be slightly more restrictive to keep putting pressure on inflation, which is still running too high https://t.co/nGaq7CI2NY ...

Federal Reserve Bank of Philadelphia President Anna Paulson said she expects inflation to cool next year though she cautioned there is a risk of a further downturn in the labor market https://t.co/4ikDmKMrWL ...

Federal Reserve Bank of Chicago President Austan Goolsbee said he dissented against the US central bank’s decision to cut interest rates because he wanted to wait for more economic data to be certain that the impact of tariffs on inflation is transitory https://t.co/gidVy877Nc ...

While the Fed predicts inflation will moderate in 2026, Chair Jerome Powell still sees price pressures rising early next year as tariffs continue to work their way through the economy. https://t.co/GBHyLHB3xQ ...

Democrats focusing on the word affordability as a strategy to criticize President Trump's economy. Joining us right now talk about the political messaging CBC contributor Heidi Highamp. She of course is a former US senator, the founder of One Country Project and active strategic advisors co-chair Mick Mulaney.He served as in several positions in the first Trump administration. We love having you both on and we love having you both on together. So let let's get into it because uh Democrats have been using th ...

Treasury Secretary Scott Bessent said he would continue his campaign to reduce financial regulations, highlighting the administration’s effort to bolster economic security amid concerns over persistent inflation and affordability https://t.co/GtQqeWRFDQ ...

I think the chair said something interesting yesterday. >> I was surprised that he said it because actually a lot of the inflation is in the services side of the economy and you know his super core which is wage induced services inflation is higher than the inflation rate. So I was surprised.>> So let's let's go back to the things we've been talking about. If companies were taking the tariffs and passing them through immediately which is historically the way economists and people would model tariffs they wo ...