inflation

Search documents
Fed Chair Powell: We went on hold when we saw the size of the tariffs
CNBC Television· 2025-07-01 14:22
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 ...
X @Bloomberg
Bloomberg· 2025-07-01 14:04
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 ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-01 13:46
Are these higher inflation readings in the room with us?zerohedge (@zerohedge):*POWELL: WE EXPECT TO SEE HIGHER INFLATION READINGS OVER SUMMER ...
There's no way the Fed's cutting rates this year, says Discovery's Robert Citrone
CNBC Television· 2025-07-01 11:48
everything wood should be. >> All right, welcome back everybody. We've got a lot of ground to cover with our next guest equity and credit markets, emerging markets, the fed currencies, real estate and why he expects a correction in the S&P 500.Joining us right now is Rob Citroen. He is the founder and portfolio manager at Discovery Capital Management. That's a hedge fund that invests in public and private markets with a particular focus on emerging markets.And by the way, they manage, I'm told, around $3 bi ...
X @Bloomberg
Bloomberg· 2025-07-01 06:40
The ECB has tamed inflation but can’t afford complacency amid global volatility, says Governing Council member Joachim Nagel https://t.co/cFVwsBUmCz ...
BlackRock's Rieder Expects Two Fed Cuts This Year
Bloomberg Television· 2025-06-30 17:32
I want to talk about the Fed and cuts. I just did a snap poll on X and we have most people think to cuts. That seems a majority.Second, most would be one and then 13% said zero. I'm in the 13% camp. I just don't see the need for it.What's the problem here. Why cut rates. Why change something if it seems to be going so well right now.So. So I throw out one thing. So you think about the Fed raised interest rates 500 basis points.What was the impact on the economy. Not really debilitating. And I think one thin ...
Treasuy Secretary Bessent on Tax Bill, Next Fed Chair, Government Debt
Bloomberg Television· 2025-06-30 14:37
We are now joined by U.S. Treasury Secretary Scott Betts. And just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill.The big question that remains is the GOP holdouts. What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support.Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th. So the Senat ...
Fed Seems Frozen at the Wheel Here, Bessent Says
Bloomberg Television· 2025-06-30 14:10
While we're talking about interest rates and the Federal Reserve, it has been recently reported that you might be in consideration for the job as the next Fed chair. When you've been asked about the likelihood recently, you said that it's up to the president. Is it a job that you would want.I will do what the president wants, but I think I have the best job in D. C. We're making a lot of progress with the president's leadership.You know, I think think about it. We are going to have the tax bill on his desk ...
Trump on Powell: 'I'd love him to resign'
CNBC Television· 2025-06-30 13:19
I'd love him to resign if he wanted to. He's done lousy job. Look, uh, if you were there, you'd say, well, you know, the United States is doing well.They have no inflation, and if they do get inflation in a year or two, we'll put we'll start raising the rates. We'll get rid of the inflation, you know, and do other things. Uh, Biden had the worst inflation in the history of our country, 19%, but I think it was much higher than that.Frankly, they say 19%, they say. I think it's a lot higher than that. And we ...