>> No, we. >> Can't. >> But smaller than the state of California.>> I'm not really fighting my corner very well there. No, but it just is what it is. Anyway, we are going to talk a bit more about that at about 1130, but let's talk a bit more about the markets here.Oppenheimer chief investment strategist John Stoltzfus joins us now. John, great to see you. >> Terrific to be here.Wilfred. >> What do you think happens if the one big beautiful bill passes, do we get a 1% jump in the markets a fall, buy the rumo ...

tradfi assets. >> A follow up this morning to a question we asked during the first Trump administration are the president's social media posts criticizing Fed Chair Jay Powell and the central bank driving down interest rates. Senior economics reporter Steve Liesman is here and looking at the bond rally and presidential pressure on Powell.Stupid mule, I guess is the latest salvo. >> I didn't see that one. >> You didn't see stupid.>> Last night or. Last week. Last week we looked at all of them.Maybe we. Maybe ...

ECB Governing Council member Olli Rehn is worried that inflation staying below 2% for a lengthy period could shift the price outlook of euro-zone consumers https://t.co/f0Xuzom3NZ ...

Monetary Policy & Inflation - The Federal Reserve Chair (JPOW) is credited with reducing inflation from over 9% to 2% [1] - The Federal Reserve Chair (JPOW) is recognized for achieving this inflation reduction without triggering a recession [1] Leadership & Historical Context - The Federal Reserve Chair (JPOW) is positioned as a potentially legendary figure in the history of the Federal Reserve System [1]

And I just want to get back to Emily on the Hill. I guess it's now official. Yeah, Scott.Yes, it is now official. The senators, they they've they've been here for more than 24 hours, so they voted very quickly. But yes, as we said, 51 to 50 with JD Vance breaking that tie.Now, the Trump mega bill has passed in the Senate. It now of course heads to the House. We have heard from a number of lawmakers there, fiscal hawks, even some more moderate members who have had concerns about the bill, but Mike Johnson is ...

A solid majority of FOMC participants do expect that it will become appropriate later this year to begin to reduce rates again. And so and that will depend, though, as Christine just mentioned, on the incoming data will be monitoring, particularly what does show up in terms of of inflation or what does not show up. And also carefully watching the labor market, you know, there we watch very carefully for signs of of unexpected weakness.We see a gradual cooling, but we don't really see that yet. So those are ...

But chair, would the Fed have cut more by now if it weren't for the tariffs. So I I do think that I think that's right where in effect we went on hold uh when we when we saw the size of the tariffs and where and essentially all all inflation forecasts for the United States went up materially as a consequence of the tariffs. So uh we we didn't overreact. In fact, we didn't react at all.We're we're simply taking some time. As long as the US economy is in a in solid shape, we think the the the prudent thing to ...

The Bank of Korea remains concerned at the tariff impact on economic expansion rather than inflation, Governor Rhee Chang-yong says https://t.co/e4gpV9bZqs ...

That's very high. It's funny you mentioned chairman pal because uh he is joining some of his counterparts in a panel discussion at the ECB central banking forum in Portugal. Not pal chairman.Here is what chairman Powell had to say just a few moments ago. Chair, would the Fed have cut more by now if it weren't for the tariffs. So I I do think that I think that's right.where in effect we went on hold when we when we saw the size of the tariffs and where and essentially all all inflation forecasts for the Unit ...

Federal Reserve Chair Jerome Powell said he expects the impact of tariffs to show up in inflation data in coming months, while acknowledging that uncertainties remain https://t.co/XcRvyX3qK0 ...