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Fed's Daly on Interest Rates, Inflation, Tariff Impact
Bloomberg Television路 2025-06-26 13:35
I want to start with this data and maybe we can spend some time on a palace intrigue later on. Jobless claims, initial claims lower than expected, continuing claims higher than expected and creeping higher over the past few months. From your vantage point, president title, how much weight would you put on one versus the other.And what's the labour market picture look like in your point of view, your opinion. Well, the labor market is shaping up to be solid and the data today confirmed that. Now, continuing ...
Jobless claims fall, GDP revised lower, durables orders soar
CNBC Television路 2025-06-26 13:14
Rick Santelli is standing by at the CME in Chicago. And uh Rick, take it away. Let's see the numbers.Yes. And there are a lot of numbers, so we're going to go slow. And let's start with well, let's start with durable goods, shall we.On durable good orders, we're expecting a number that's going to be somewhere in the vicinity of up 8 to 8 and a half% on a preliminary, not coming across the screen. So, we're going to switch gears. We're going to look at the trade balance minus 96.6% billion.So the good news t ...
Sen. Elizabeth Warren: I want to see interest rates come down
CNBC Television路 2025-06-26 13:02
Fed Chair Jay Pal faced two days of grilling on Capitol Hill. Yesterday, Senator Elizabeth Warren asked why the Fed's inflation forecast is now higher than it was just six months ago. Senator Warren joins us this morning. She's the lead Democrat on the banking committee. And Senator, thank you for being with us this morning. Happy to be with you. Why don't we get at your line of question from yesterday? Um, you were really getting at this idea of where inflation targets for the Fed are headed. What What's u ...
Rep. Chris Roy: Senate tax bill 'needs to improve' before it comes back to the House
CNBC Television路 2025-06-26 12:42
We're just a week away from the White House's uh self-imposed July 4th deadline to pass President Trump's mega bill. But even if it passes the Senate this week, the version they're sending back to the House is getting push back from some Republicans joining us now, Republican Congressman Chip Roy. Uh and you've made some some strong uh cases in the past on how you feel and you feel strongly congressman.Is is the Senate version in from what you know uh a a better do you like it more than than what the House ...
X @Investopedia
Investopedia路 2025-06-26 12:30
Everyone鈥檚 waiting for the Fed to cut rates鈥攂ut will mortgage rates even fall when it happens? Here鈥檚 what homebuyers should know before banking on a drop that may never come. https://t.co/takTr1UAr5 ...
A broadening of the market is beginning, says Dynamic Funds' Noah Blackstein
CNBC Television路 2025-06-26 12:09
joining us now with more on the markets, Noah Blackstein, Dynamic Funds, senior portfolio manager. Uh, no, we u, you know, we looked into the abyss when we I think the S&P got down to God, was it 4,800. I don't know where it was.We're we're almost all the way back to new highs. More new highs or now we look around and say, "Okay, what do we do?" Um, we're back to where we started the year basically up a little. We're up just a little.I mean from from the abyss we're up a lot obviously but um you know just f ...
X @Ansem 馃Ц馃捀
Ansem 馃Ц馃捀路 2025-06-26 10:19
RT vittorio (@IterIntellectus)people keep saying that birth rates cannot be fixed, but birth rates aren鈥檛 collapsing by accident.they collapse when a civilization systematically convinces its people to avoid reproduction culturally and spiritually, and sterilizes them, chemically.this isn鈥檛 a mystery. it鈥檚 a design failure (or success). and it can be reversed. ...
Is the Fed's pause making investors nervous or excited?
Yahoo Finance路 2025-06-25 21:52
As inflation remains steady, the Federal Reserve鈥檚 next move could sway markets. In this episode of Stocks in Translation, RBC Capital Markets senior US economist Michael Reid joins Yahoo Finance Senior Reporter Allie Canal and Producer Sydnee Fried to discuss the Fed and what鈥檚 to come for interest rates following Fed Chair Jerome Powell鈥檚 announcement that they will remain on hold for now. The trio also takes a look at the labor and housing markets, and how to break down the statistics and sentiments from ...
Fed should cut rates at its next meeting, says Solus' Dan Greenhaus
CNBC Television路 2025-06-25 19:48
Let's bring in Solless Alternative Asset Management's Dan Greenhouse. Now, good to see you. To cut or not to cut, that is the question.What's the answer. I listen, my personal view is uh well, listen, as a general view, I think people agree if not for tariffs, they might have cut at the last meeting and probably would be cutting at the next meeting. There's no probably the Fed chair himself said it.Yeah. Well, listen, I I don't think he's articulated as clearly perhaps as he did yesterday and today, but I t ...
X @Investopedia
Investopedia路 2025-06-25 19:30
Mortgage rates have fallen for two consecutive days, lowering the flagship average to its cheapest level in 11 weeks. Rates dropped for several other loan types as well. https://t.co/3cwpOzLknT ...