All right, let's officially now bring in David Zervos, chief market strategist at Jeffre, as well as a CNBC contributor, also on the not so short list of 11 candidates who may replace J. Pal. Welcome.That was that was a long introduction, Melissa. It was I mean, there's so many mantles which you carry these days. And a frequent guest here, which is how we know him.We don't really care about the stuff. What did you make of the number today. I don't make a lot of it. I I Steve said it's a very volatile number ...

Hey, it's time. Let's bring co-anchor of CNBC Squawkbox and the New York Times columnist Andrew Ros and Andrew get some new numbers. Hopefully, nobody gets fired for them because they are not as good as was expected.Tell us about them. Uh they are not as good as had been expected. In fact, it appears that inflation is creeping higher.Uh this is the ne this is really the second piece in the uh puzzle that we've now seen inflation creeping higher and it's going to give the Fed pause now uh potentially about l ...

Monetary Policy & Nomination - Steve Forbes calls for Stephen Miran, Federal Reserve Governor nominee, to be questioned on the importance of a stable dollar value [1] - The inquiry should address whether prosperity is believed to cause inflation [1]

Well, it's happening again. Republican lawmakers are back home and their constituents are, you're going to be shocked to hear this, furious with them. Interesting.The situation was not an issue during the Biden administ are eligible under the program. They're not in the hospital. I don't think you you're the right fit for us anymore.I just think it's time to go. People are really unhappy about Trump's mega bill, inflation, tariffs, the Epstein files, you name it. But are Republican lawmakers worried.Turns o ...

sharply lower in the probability of a fed rate cut next month markedly higher. So to today's data, give the all clear for the central bank and for the markets to give the all clear on the economy in terms of the impact from tariffs. Guy, what do you think.>> I'm not convinced they gave the all clear to the central bank. I don't think anything changed. I mean there was something in that inflation number for everybody.The headline number. People got very excited about. Then they looked at and said, well, wait ...

Economic Impact - America will pay the price for Donald Trump's tariffs [1] - Growth was underwhelming and inflation disappointingly high in the first half of the year [1] Policy Analysis - The full toll of Trump's foolish policy will be felt over the long term [1]

Monetary Policy & Interest Rates - Treasury Secretary suggested the Fed should consider a 50 basis points (0.5%) rate cut at the next meeting in September [1] - The market has indicated for three years that monetary policy is too tight, as the ten-year Treasury yield has been trading below the Fed funds rate [10] - The Fed's own standards suggest interest rates are well above neutral [9] - There is pressure for lower rates, and the list of potential replacements for Jay Powell is expanding [19] - Lower rates would help interest-sensitive sectors of the economy like housing, autos, and manufacturing [23] Trade & Tariffs - President Trump is trying to protect U S business and industry through negotiations with China [2] - The Nvidia chip export tax is being considered as a model for others, potentially moving towards industrial policy [4] - National security concerns are a significant factor in trade policy [3][5] Data & Economic Indicators - Concerns exist regarding the integrity and quality of BLS (Bureau of Labor Statistics) data due to patterns and magnitude of revisions [7][8][13] - There is a need for more rigorous quantitative standards for economic data [7] - The trend in payroll growth has slowed [9] - The economy rebounded in the second quarter, and growth in the third quarter looks good [31]

Economists at Nomura now forecast the Fed will begin cutting interest rates in September as the labor market weakens and inflation presents less risk https://t.co/dhNwfmx5qr ...

Is inflation wearing down your dollars? Listen to Warren Buffett's advice on how to defend your finances against inflation. https://t.co/owxJXSlDRr ...

I did talk to the Treasury Secretary uh last week and uh he said uh he was going to be out of the country, but uh the Wall Street Journal broke the story up. I I guess uh I don't know where they got their info, but I did talk to him. Uh we had a brief conversation and uh I told them uh it didn't sound like they had a process locked down yet, but I I told him I'd be happy to uh you know proceed however they wanted to proceed.in terms of it it would be more um I guess vetting is that is that what is that what ...