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Chicago Fed's Austan Goolsbee on how tariffs impact inflation, his outlook for interest rates
Yahoo Finance· 2025-07-18 21:26
I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...
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Bloomberg· 2025-07-18 19:20
A majority of respondents to a survey expect Federal Reserve Chair Jerome Powell to stay at the helm until his term expires https://t.co/Ectu974Krj ...
X @Bloomberg
Bloomberg· 2025-07-18 09:06
Interference in the independence of the Federal Reserve would be felt outside of the US, according to Bundesbank President Joachim Nagel https://t.co/620zFWOv0R ...
X @Forbes
Forbes· 2025-07-17 23:45
Memo To The Fed And The Treasury Department: It’s The Dollar, Stupidhttps://t.co/2obuXqv7UQ https://t.co/ay7UxtQ8bH ...
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CNN Breaking News· 2025-07-17 21:58
Federal Reserve Chair Jerome Powell responds to the Trump administration in spat over Fed's renovation. https://t.co/KfgBfMDMAk ...
X @CNN
CNN· 2025-07-17 21:58
Federal Reserve Chair Jerome Powell responds to the Trump administration in spat over Fed's renovation. https://t.co/cq51UA8yJe ...
A closer look at TSMC earnings, why markets don't like the idea of Trump firing Powell
Yahoo Finance· 2025-07-17 17:49
I'm now find executive editor Brian Todd taking a look at a live shot of the opening bells on Wall Street on this Thursday morning. An extra special I would say guests ringing the bell at the New York Stock Exchange. That is Disney CEO Bob Iger.Uh also I see I see Mickey. I see many very important guests there getting trading underway down there. They're at the Disneyland Resort in Anon, California in celebration of Disneyland's 70th anniversary.NYC President Lin Martin also there in attend. You can see her ...
Has June Inflation Data Shifted the Rate Cut Needle? | Presented by CME Group
Bloomberg Television· 2025-07-17 15:25
On Tuesday, July 15th, we saw the June CPI data. Headline inflation climbed at 2.7% year-over-year, up from May's 2.4% reading. But X food and energy was lower than expected at plus.2% month overmonth.This mix suggested that the headline number was at least partially driven by elevated oil prices in June. In the wake of the Israel Iran conflict, the market's reaction reflected the general lack of clarity that the data introduced. Initially, the dollar traded lower, presumably believing that the drop in core ...
'As if videotape doesn't exist': Joe hits Trump over Powell flip-flop
MSNBC· 2025-07-17 13:53
He's a He's a terrible Fed chief. I was surprised he was appointed. I was surprised, frankly, that uh Biden put him in and extended him, but uh they did.It is my pleasure and my honor to announce my nomination of Jerome Powell to be the next chairman of the Federal Reserve. Congratulations, J. It's as it's as if videotape doesn't exist, you know.It's a It's like blaming Democrats for Jeffrey Epstein, blaming Joe Biden for Jerome Powell, Donald Trump supporters blaming Meritt Garland for bringing the case ag ...
X @The Wall Street Journal
Heard on the Street: Second-quarter market upheaval was all about tariff policies. Third-quarter volatility might be about President Trump and the Fed. https://t.co/n44m7FbRCE ...