I'm really excited about this. This is what this is about. This is an investment in the Massachusetts economy.It's about job creation. And it's about the recognition that one in ten research and development jobs in the United States, one in ten are here in Massachusetts. We have the highest percentage of STEM graduates per capita. We receive the greatest amount of venture funding. We also received the greatest amount of NIH funds, research drives and powers the Massachusetts economy.And in the face of some ...

Monetary Policy & Economy - JP Morgan CEO认为美联储主席是专业的，保持独立性很重要，实际上独立性可以降低利率[1][2] - 降低短期利率不一定对10年期利率产生影响，应该谨慎[2] - 鉴于宏观环境，JP Morgan CEO认为美联储将很快降息[3] - 美国经济已经软着陆四到五年，通货膨胀率仍未达到2%，可能在2%-2.5%或2.7%之间[3] - 如果通货膨胀率下降，经济持续良好，美联储可能会很快降低利率[4] Tariffs - JP Morgan CEO表示关税是温和的、经过深思熟虑的，并且更加谨慎地执行，人们可以应对15%的关税[4] Growth Drivers - JP Morgan CEO认为人工智能（AI）和改革监管是全球增长的两个主要推动力[6][7][8] - JP Morgan CEO认为人工智能最终将有利于生产力和效率的提高，即使人们会因此失业[7] - JP Morgan CEO认为通过消除与许可和其他方面相关的摩擦和流程，可以释放增长潜力[7] Leadership Succession - JP Morgan CEO表示继任计划始终是首要考虑的事情，但未在此次采访中讨论[5]

Zimbabwe’s economy is expected to grow at 5% next year through to 2029, according to Finance Minister Mthuli Ncube https://t.co/8PN4IYtuG8 ...

Canada's economy appears to have eked out some growth in the second quarter and is on track to beat economist and central banker's estimates for a contraction https://t.co/Lvq9t4N54y ...

China's Economy & Trade Talks - China's economy is in relatively good shape, with July data showing improvement compared to June, although growth is not exceeding year-ago levels [1][2] - China has included export controls in trade negotiations, giving them significant leverage, particularly concerning rare earths and critical minerals [3][5] - The inclusion of export controls has created a situation of mutually assured destruction, giving China a choke point over the United States economy [6] Manufacturing Sector - Despite PMI data suggesting weakness, the manufacturing sector in China remains strong and continues to export [9][10] - While exports to the United States have contracted, there has been a surge in exports to Asia, indicating the manufacturing machine is still productive [10] - Manufacturing's strength is crucial as China currently lacks other significant growth drivers [11] Security Concerns & Chip Industry - China is raising potential security risks with chips, potentially as a response to concerns about Huawei [6] - There are concerns about the future ability to geographically track chips, leading to worries about transshipment and potential circumvention of regulations [7]

Saudi Arabia’s economy expanded for a fifth straight quarter, driven by steady growth in the non-oil sector and a return to expansion for oil activities https://t.co/8SSuClCJAg ...

The South African Reserve Bank is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are likely to weigh on the country’s already sluggish economic growth. https://t.co/IzOjS8ruIf ...

The UK government said it would clamp down on late payments by companies, a key plank of its strategy to help smaller firms and boost economic growth https://t.co/K5Vl5sKeTy ...

Monetary Policy Stance - The Federal Open Market Committee decided to leave the policy interest rate unchanged, believing the current stance is well-positioned to respond to potential economic developments [2] - The committee decided to maintain the target range for the federal funds rate at 4 and 1/4 to 4 and 1/2% and to continue reducing the size of the balance sheet [8] - The current policy stance is seen as appropriate to guard against inflation risks [10] Economic Activity - Recent indicators suggest that growth of economic activity has moderated [3] - GDP rose at a 12% pace in the first half of this year, down from 25% last year [3] - Payroll job gains averaged 150000 per month over the past 3 months, with the unemployment rate at 41% remaining low [4] - Business investment in equipment and intangibles picked up from last year's pace, while activity in the housing sector remains weak [4] Inflation - Inflation has eased significantly from its highs in mid-2022, but remains somewhat elevated relative to the 2% longer-run goal [5] - Total PCE prices rose 25% over the 12 months ending in June, and core PCE prices rose 27% [6] - Near-term measures of inflation expectations have moved up on balance over the course of this year on news about tariffs [7] - Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen [9] Labor Market - Conditions in the labor market are broadly in balance and consistent with maximum employment [5] - Wage growth has continued to moderate while still outpacing inflation [5]

What kind of agreement can we make today at the Federal Reserve. What can we agree on. You be really interesting to see if the committee is getting more comfortable, having more conviction in there.You know, forecast that inflation may rise this year, but then, you know, come back down. So I think a lot of this discussion around what are the risks of the persistently high inflation. We know from Governor Chris Warren that he sees those risks as very low and that's why he's in favor of a cut.But is the commi ...