The head of Brazil President Luiz Inacio Lula da Silva’s political party expressed support for central bank chief Gabriel Galipolo, even as high interest rates threaten to drag on the economy ahead of next year’s election https://t.co/tBBa1wgveK ...

Kevin Hassett said during a Wall Street Journal CEO Council event that he would rely on his own judgment and not bow to political pressure to decide whether to cut interest rates if he becomes the next chairman of the Federal Reserve https://t.co/YyOn9q4bxE ...

Monetary Policy Outlook - Goldman Sachs anticipates the Federal Reserve will cut interest rates and believes they should do so [2] - The firm expects the Fed to be hawkish in its rhetoric following the rate cut but suggests they should be patient and await official data on the labor market [2] - Goldman Sachs suspects the labor market is weaker than it appears and anticipates a deeper easing cycle from the Fed than the market currently expects [3] - The firm believes the Fed will quickly counteract negative pressures in the labor market and move into a more easing posture early in the new year [4] Labor Market Analysis - Goldman Sachs acknowledges mixed messages in job openings reports and unemployment claims but suspects labor market weakness will become apparent in 2026 [5][3] - The firm anticipates productivity gains from technology and AI adoption will necessitate easier monetary policy to assist labor market rebalancing [6] Economic Growth and Inflation - Goldman Sachs is bullish on growth in 2026, anticipating high GDP and high unemployment, requiring lower interest rates [7][8] - The firm expects productivity gains to lower the cost of goods sold, benefiting consumers and margins, and does not anticipate stubbornly high inflation [7][6] - Goldman Sachs views AI and technological advances as a significant unlock of productivity, benefiting consumers and the real economy [8][9] Fiscal Implications - Goldman Sachs notes that great growth and lower interest rates would be beneficial for the US government's fiscal balance [9]

Stock futures are little changed as the Federal Reserve gets set to kick off two days of deliberations on interest rates. Here's what investors need to know today. https://t.co/P6RuJQWm1U ...

Well, let's stick with the Fed ahead of tomorrow's rate decision. Jonathan Pink of UBS writing We expect a large majority of FOMC members to support a 25 basis point rate cut. Expect few changes to the DOT plot and no change to median assumption of appropriate policy.Jonathan joins us now. Good morning, Jonathan. Thanks for being here. Thanks for having me.So let's just start with a question of what you expect to learn tomorrow if you don't think we're going to get any adjustments. Well, I think we are goin ...

President Donald Trump indicated he would judge a new Federal Reserve chair by whether they immediately move to cut interest rates https://t.co/NAD85LCwtF ...

The Federal Reserve should cut interest rates by 50 basis points tomorrow. ...

and they've said, "We want independent nonpartisan experts making decisions about those markets and protecting those people, not loyalists and yesmen who only care about who has given how much to the president." And for 90 years, the Supreme Court said that's the way it is. The president can't just fire people for no reason at all. Look, if they're committing crimes, doing bad things, sure, fire them.But it can't, the president can't just fire them because they're not loyalists. President Trump tried to fir ...

JUST IN: 🇺🇸 Standard Chartered Bank expects the Federal Reserve to cut interest rates by 25 bps this week. https://t.co/mvXgY2tCrd ...

Hassett said it would be irresponsible for the Federal Reserve to lay out a plan for where it aims to take interest rates over the next six months https://t.co/ERFPZl0sXs ...