one easing or two easings or even three easings just are not just don't matter. >> Yeah. >> Um don't matter because we're still in a little restrictive territory with looks like you know a little bit too high inflation even without the uh tariff induced inflation.So they should be a little bit restrictive. Beyond that um I think it can you know then you're really risking a lot of things. A weaker dollar more inflation and those sort of things.So we you know I I and I don't it doesn't matter what happens if ...

It's great to have you on. Thanks for joining. >> Have you been killing it the last couple years. It's been so long since you've been on.Have you would you say you have been >> able to repeat your great success again and again and again. You've been killing it. >> Well, first I do want to congratulate you guys on 30 years.And uh Mike's here instead of Andrew. He looks like kind of like a buffed Andrew. So make pretend like that.>> And Becky's not here. So >> that's actually my social media handle. >> You lo ...

Monetary Policy Stance - Financial conditions suggest monetary policy is currently perceived as slightly looser than generally believed [1] - The balance of risks is leaning towards inflation rather than employment [1] - Current monetary policy and its signaling are considered somewhat on the loose side, though the difference is marginal [1]

Chancellor of the Exchequer Rachel Reeves says the UK government was looking at measures to reduce inflation when it publishes its next budget in November https://t.co/HbLdKte7ZA ...

Join us now with his reaction to the Fed's decision and chairman Pal's comments. National Economic Council Director Kevin Hasset, you're okay, right. You you were enjoying things.You're you're getting your thoughts together uh and everything. Hopefully the guy with the lawnmower is uh is not coming out today. Kevin, >> that was funny last week.>> Unbelievable. Um 25 basis points. Um it's a start.How what how do you view that. You know, my old friend Alan Greenspan used to say that monetary policy steering i ...

So what did you make of the quarterpoint cut and also some of the commentary from J Pal uh just talking about the dispersion the summary of economic projections and also our Steve Leeman asked a great question are we on a path for cuts and JP pal came back and said well we're more data dependent something he obviously has said in previous meetings >> well the meeting turned out to be what most of us expected to have happen the 25 basis point cut >> I think what was would have been more problematic was we di ...

Federal Reserve Policy & Interest Rates - The Federal Reserve cut interest rates by 0.25 percentage points, a decision characterized as "risk management" [1] - The vote for the rate cut was 11 to 1, with one Fed Governor voting for a 0.5 percentage point reduction [1] - The Fed is signaling the possibility of two more rate cuts before the end of the year [2] - The concept of a "risk management cut" suggests the balance of risk has shifted towards weakness in the labor market [7] Economic Outlook & Risks - The economy faces two-sided risk, with a weak labor market and high inflation, creating a difficult situation for policymakers [2][6] - Inflation remains high, potentially increasing gradually, while the labor market shows some weaknesses [5] - Recent retail sales data surprised on the upside, indicating some remaining strength in the economy [13] - The economy is more complicated than headlines suggest, with consumption largely driven by wealthier Americans [16][17] Housing Market - The US is estimated to be 2 to 3 million houses short of the required amount, making it a complex supply and demand story [16] - A 0.25 percentage point rate reduction is not expected to dramatically change the housing outlook [16]

ECB Vice President Luis de Guindos said the risk of undershooting the inflation goal isn’t elevated, even if the latest projections continue to show a period of price gains falling below 2% https://t.co/w0iGvCX8ix ...

It is time now for money power politics and the reason I'm in DC today. Today the Federal Reserve delivered its first interest rate cut of the year. The central bank only lowered rates by a quarter point this time, but officials also signaled two more cuts are coming this year. That might sound like good news, but all of this hints at something that until now still seemed avoidable. An economic slowdown. And it comes as Trump's Treasury Secretary Scott Besson calls for an independent review of the entire Fe ...

Monetary Policy & Inflation - The former Dallas Federal Reserve president suggests that inflation is running closer to the 3% level, which should ideally lead to a positive real return to encourage capital formation for businesses [4] - The analysis indicates the current situation marks the first rate cut with the PCE (Personal Consumption Expenditures Price Index) and other inflationary measures at relatively high levels [10] - Some Fed members are perceived to be advocating for multiple rate cuts, potentially five cuts, indicating a divergence in views within the committee [6] Employment & Fiscal Policy - Weak employment statistics are attributed to fiscal and immigration policies [5] - The analysis suggests that presidents often prioritize employment data due to its impact on voter sentiment [10] Federal Reserve & Political Influence - A Fed member is perceived to be aligning with the president's wishes rather than adhering to objective central banking principles [6][14] - The analysis suggests this member's influence within the committee is minimal, which is considered a positive aspect [7][8] - The president's desire for rate cuts is linked to appealing to a specific demographic, those without higher education who are economically distressed, although the direct impact of Fed funds rate on their financial burdens is limited [13]