Federal Reserve Leadership & Structure - The president has the opportunity to reshape the Federal Reserve committee [1] - There is concern about the foundations of the Fed and potential lack of accountability regarding cost overruns [3] - A replacement for the Coogler seat is being considered, with private sector names among the candidates [4][5] - The process of selecting a Fed chair involves interviewing 10-11 people to discuss monetary and regulatory policy [7] - The Fed is considered one of three regulators (Federal Reserve, OEC, and FDIC) [7] Monetary & Regulatory Policy - Monetary and regulatory policy are key discussion points in the Fed chair selection process [7] - The Fed needs to understand its role as one of three regulators [8] Personnel Decisions & Timeline - Stephen Morrow's confirmation is being expedited [1] - Myron is not expected to stay on past his January term [4] - The timeline for naming a new Fed chair is extended by putting Stephen Myron in place [8] - The president is open-minded in the selection process, considering candidates with diverse views [8][9]

The Two Big Questions President Trump’s Nominee For The Federal Reserve Must Be Askedhttps://t.co/EDcF6VhbCB https://t.co/WuHuc8UMON ...

I want to start with you on CPI today, the big day for data. First, are you buying these numbers because these are from BLS. Yes, I'm buying the numbers and I want to amplify a little bit.Would Romain said this wasn't a bad report or just an okay report is a very good report. Let me explain the quirk. The CPI came in at 2.7%, which seems significantly above target.But in fact, the Federal Reserve uses another gauge called the Personal Consumption Expenditures Index. We love the piece. That one runs to 2.2%, ...

Inflation & Monetary Policy - A new regime for inflation and bond yields is anticipated [2] - The economy slowing down could help pull inflation down, but this scenario is undesirable [2] - The Federal Reserve might consider rate cuts with inflation above target and a softening job market, similar to the 1995 scenario where 325 basis point (3.25%) insurance cuts occurred with inflation at approximately 2.3% [3] - A rate cut in September is largely priced in, making it difficult for the Fed to argue against [4] - Jackson Hole symposium later in August (August 21st-23rd) is expected to provide more clarity on the Fed's leaning [5] Economic Data & Analysis - US government data is considered the best globally, with dedicated efforts to ensure data accuracy [1] - Bloomberg Intelligence suggests that a CPI print of 0.2% on the headline indicates the PC print will allow the Fed to ease in September [5] - Modernizing government data collection is necessary but challenging, requiring resources and careful consideration to avoid disrupting historical data analysis [7][8] - Budget cuts to the Bureau of Labor Statistics (BLS) have reduced resources for data modernization [8] - Firing the head of the BLS is viewed as performative and damaging to the credibility of U S institutions [9]

Trump and his allies have accused the Federal Reserve of mismanaging the reconstruction of its headquarters. https://t.co/udTDNrMvzE https://t.co/udTDNrMvzE ...

Trump Might Greenlight ‘Major Lawsuit’ Against Fed Chair Jerome Powellhttps://t.co/urSXc86853 https://t.co/JdsCOmp9dS ...

Consumer prices rose slower than expected last month as President Trump’s tariffs gripped markets, according to federal data released Tuesday, as hope remains for a possible interest rate cut by the Federal Reserve. (Photo: Brandon Bell via Getty Images)https://t.co/wjXdJunn2f https://t.co/PaS605y4Cc ...

Well, you heard us talk about it. Our next guest has reportedly uh been added to the short list, President Trump's short list on Fed Chair Pics, former St. Louis Fed President James Bullard. He's now the dean of Purdue University Business School, longtime friend of the show, and I I when I heard the news, Jim, I said, "Well, I don't know if he's a hawk or dove. I just know he's really smart, and I've known you a long time, and I've been out to the St. was fed with you and everything else and I think you'd b ...

Economic Concerns - Job losses or fear of job losses coupled with high interest rates or loan inaccessibility could lead to disaster [1] - The Fed should act promptly [1]

RT Bloomberg Opinion (@opinion)@JonathanJLevin “At the end of the day, the labor market is weakening,” says @KRooneyVera.“But we’re not at the point where the Fed has to rush a huge cut. They’ll probably go with 25 [basis points] in September.”https://t.co/2Xeig7Su8A ...