Weirdly, the higher interest rates stay, the more they have to inject via liquidity to finance the debt, the higher assets go....The Everything Code. ...

Fed Independence - An independent central bank has served the public well and should be respected as long as it continues to do so [2] - Independence allows the Fed to make challenging decisions based on data and evolving outlook, not political factors [2] - Governments worldwide have chosen to distance monetary policy decisions from direct political control [3] - Without independence, there would be a great temptation to use interest rates to affect elections [3] - The importance of Fed independence is widely understood, particularly in Congress [4]

No change. The Federal Reserve holding rates steady in the range of four and a quarter to four and a half percent. But two Federal Reserve governors Chris Waller and Michelle Bowman dissenting, preferring to cut rates by 25 basis points, underscoring division within this Federal Reserve over the impact of President Trump's tariffs on inflation.This is the first time in 30 years that we have seen two Federal Reserve governors descent simultaneously. Now, there were some changes to the policy statement. Notab ...

Federal Reserve Policy & Economic Outlook - The Federal Reserve is in no rush to adjust interest rates due to uncertainty about the economy, inflation, and the labor market [3] - The unemployment rate remains stable, similar to the previous summer [1][2][5] - The Fed aims to prevent any rise in inflation from becoming persistent, emphasizing the importance of keeping inflation expectations in check through patience [3] - The market anticipates rate cuts in the coming year, regardless of economic data, potentially influenced by a new Fed chair [13] - All Federal Open Market Committee members expect interest rates to be lower by the end of next year [17] Labor Market Dynamics - Labor demand growth is slowing, but the labor market hasn't loosened because the unemployment rate is unchanged [5] - Both labor supply and labor demand have slowed, with immigration policy being a contributing factor to the slowdown in labor supply [2][5] - Payroll employment growth has decelerated, which could become problematic if the trend continues [4] Tariff Impact & Trade Policy - The impact of tariffs on the economy is uncertain, particularly regarding inflation and business fixed investment [3][10] - A hypothetical 18%-20% tariff rate is compared to the economic tensions of the 1930s [6] - The current tariff shock may be more significant than in the 1930s due to a higher share of imports in GDP [8] - Most economists believe that tariffs will eventually be passed through to consumers, with every 1% increase in tariffs as a percent of imports adding about 01% to the price level [11][12] - An increase from 25% to 17%-18% in tariffs on imports could raise the level of prices by about 05% [12]

Monetary Policy - The Federal Reserve decided to keep interest rates unchanged for the fifth consecutive time [1] - President Trump has been pressuring the Fed to cut interest rates to boost the economy [1] Economic Performance - America's gross domestic product (GDP) grew 3% in the second quarter [2] - The US economy shrank 0.5% in the first quarter [2] - The whiplash in GDP could be attributed to the back and forth over tariffs [2] - Imports dropped dramatically in the most recent quarter [2]

We do begin this hour with the breaking new news and a number of headlines that impact your money. Just seconds ago, the Federal Reserve announced it will once again leave interest rates unchanged. This is the fifth time in a row the Fed has decided to keep a pause in place.President Trump has been heavily pressuring the chair of the central bank to cut interest rates because in his view that would boost the economy. As we wait for the president to comment, he is commenting on the Fed's decision. He is prai ...

Live from Washington, D. C. This is balance of power with Joe Matthew and Kaylee Lyons.Counting down to the Fed just an hour away. Welcome to the Wednesday edition. As policymakers prepare an announcement today on interest rates here in Washington that will likely not please the president of the United States.A fresh reading on GDP to take with us into this meeting. I'm Joe Matthew alongside Kailey Leinz in washington. Thanks for joining us.We're about a half hour away, kelly, from our special coverage. And ...

Monetary Policy Stance - The Federal Reserve decided to leave interest rates unchanged, maintaining the range of 425% to 450% [1] - Two governors dissented, favoring a 025% rate cut [1] - It marks the first time since 1993 that two governors have dissented [2] - Nine votes supported keeping rates on hold [2] Economic Assessment - Export fluctuations continue to impact the data [3] - Growth moderated in the first half of the year [3] - Uncertainty about the economic outlook remains elevated [3][4] - The Fed removed "diminished" from the statement, indicating continued high uncertainty [4] - Inflation remains somewhat elevated [4] - Unemployment is low, and the labor market is solid [4] Forward Guidance - The committee has attended to the risks on both sides of the mandate [5] - The statement does not hint at an imminent rate cut in September [5]

RT Bloomberg Opinion (@opinion)@Claudia_Sahm @AllisonSchrager Two Fed Governors voted against the decision in favor of lowering rates by a quarter point.It’s the first time two members of the Fed board have dissented since 1993https://t.co/VrIJWN8ERR ...

Interest Rate Policy - The benchmark interest rate remains unchanged in a range of 425 to 450 basis points [1] - The statement omits any forward guidance regarding future rate adjustments [1][2] - The committee will continue to carefully assess incoming data, the economic outlook, and the balance of risks when considering future adjustments to the target range [3] Economic Assessment - Economic growth moderated in the first half of the year, influenced by swings in net exports [1] - Uncertainty surrounding the economic outlook remains elevated [2] - Labor market conditions remain solid, while inflation remains somewhat elevated [3] - One governor believes the labor market is on the edge [5] Dissenting Opinions - Two governors dissented, preferring a 25 basis point rate cut, marking the first time since 1993 that two governors voted against a committee decision [4]