Interest Rates

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U.S. homes are sitting and not selling. Here's why
CNBC Television· 2025-07-30 17:38
All right. So, folks, you may not care about the Federal Reserve or interest rates, but you may want to buy a home. And what the Fed does could influence the bond market, which could influence mortgage rates.And guess what. We got new numbers on pending home sales for the month of June. Diana Ols.>> Well, Brian, pending home sales in June dropped just less than 1% from May and we're down 2.8% from June of last year. These counts are based on signed contracts for existing homes. So, people out shopping in Ju ...
The economy is slowing, so our base case is two Fed cuts in 2025, says Raymond James' Larry Adam
CNBC Television· 2025-07-30 17:34
what we can expect today in the meetings ahead. Joining us, Stephanie Roth, chief economist at Wolf Research, along with Larry Adam, chief investment officer at Raymond James, and Andrew Scizarowski, strategic income portfolio manager at Morgan Stanley Investment Management. I think that is full team coverage.Andrew, we'll begin with you. What is your expectation from the Fed today. And more importantly, what do you want to hear them say.>> No, thanks for having me. I think look the expectations are low for ...
Q2 Advance GDP Ticks in Unexpectedly High
ZACKS· 2025-07-30 16:05
Economic Indicators - Pre-market futures show slight increases with Dow up +20 points, S&P 500 up +8 points, and Nasdaq up +50 points, following economic news [1] - ADP reported +104K new private-sector jobs in July, a significant rebound from the revised -23K in June and exceeding the consensus estimate of +64K [3][6] - Q2 GDP growth was reported at +3.0%, surpassing the expected +2.3% and marking a recovery from the -0.5% in Q1 [7][8] Company Earnings - Kraft Heinz (KHC) exceeded bottom-line earnings estimates by +7.8%, reporting 69 cents per share [2] - V.F. Corp. (VFC) reported a smaller-than-expected loss, improving by +31.5% [2] - Etsy (ETSY) missed Zacks consensus estimates by -53.7% [2] Sector Performance - The job growth breakdown shows Goods-producing jobs at +30% and Services at +70%, with Leisure & Hospitality leading at +46K new jobs [4] - Small companies added +12K jobs, while medium and large businesses contributed +46K jobs [5] - The Core PCE Price Index rose to +2.5%, indicating stronger-than-expected economic growth without runaway inflation [8][9] Market Expectations - The Federal Open Market Committee (FOMC) is expected to maintain interest rates at +4.25-4.50% during the upcoming meeting [9] - Anticipation surrounds whether voting members will support or oppose Fed Chair Jerome Powell's stance on interest rates [10] - Major companies like Microsoft (MSFT) and Meta Platforms (META) are set to report earnings after the market closes [11]
X @Cointelegraph
Cointelegraph· 2025-07-30 15:55
🇺🇸 TODAY: Treasury Secretary Scott Bessent says he does not expect the Federal Reserve to cut interest rates at today’s meeting. https://t.co/mvSVWtfHPe ...
X @Bloomberg
Bloomberg· 2025-07-30 15:34
The Two Simplest Reasons Not to Cut Rates https://t.co/4jSVZknrGs ...
X @Watcher.Guru
Watcher.Guru· 2025-07-30 15:14
JUST IN: 🇺🇸 Treasury Secretary Bessent says he is not expecting the Federal Reserve to cut interest rates today. https://t.co/OiMuqvisrL ...
Trump views Powell as 'piñata' who can take the hit if economy slows down: Journalist
MSNBC· 2025-07-30 14:46
AND I GOT THAT TO MEAN THAT I THINK HE'S GOING TO START RECOMMENDING LOWER RATES. >> JOINING US NOW, FINANCIAL TIMES COLUMNIST GILLIAN TETT. GILLIAN, IT'S GREAT TO HAVE YOU HERE.LET ME READ TO YOU WHAT THE PRESIDENT POSTED THIS MORNING AHEAD OF THIS FED DECISION. HE WROTE ON TRUTH SOCIAL TWO Q GDP JUST OUT. HE'S TALKING ABOUT THE GDP REPORT THAT CAME OUT THIS MORNING, 3%.WAY BETTER THAN EXPECTED. TOO LATE. MUST NOW LOWER THE RATE.NO INFLATION. LET PEOPLE BUY AND REFINANCE THEIR HOMES. DO YOU EXPECT THE PRES ...
X @Crypto Rover
Crypto Rover· 2025-07-30 14:42
Once this man cuts rates…BITCOIN & ALTCOINS WILL GO PARABOLIC! https://t.co/KbAD8lJYKA ...
Watch CNBC's full interview with National Economic Council Director Kevin Hassett
CNBC Television· 2025-07-30 14:34
GDP Growth & Economic Strength - US economy grew stronger than expected in Q2, driven by trade balance and consumer strength [1] - Strong GDP growth and income growth were observed [2] - The GDP release showed overall economic strength [4] - Real income grew by 3% [7] Tariffs & Trade - $127 billion in tariffs were collected [3] - Imported goods prices have dropped, suggesting foreign producers are bearing tariff costs [6] - Revenue from tariffs is important for deficit reduction [19] - Approximately 40% of imports have a 10-15% tariff [21] - The EU and Japan have agreed to spend $1 trillion in America with capital formation [21] Government Spending & Employment - Government spending saw a 5% drop [3] - There are 70,000 fewer federal employees [3] Housing & Construction - Construction spending was a point of weakness in the numbers [10] - Construction projects were held up due to anticipation of the "big beautiful bill" [11] Monetary Policy - Core PCE is at 21% [8][14] - The White House respects the Federal Reserve's independence and analysis [14]
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-07-30 14:31
High interest rates are holding the US economy back from an even bigger economic boom we should be experiencing right now.Cut interest rates and unleash economic prosperity of the American capitalism machine. ...