The path for interest rates looks like it's heading down, but that's far from a sure thing. ...

Federal Reserve Governor Stephen Miran says the US central bank risks damage to the economy by not moving rapidly to lower rates https://t.co/Wkgkx7uAc4 ...

Interest Rate Outlook - Fed Chair Jerome Powell expressed caution regarding lower interest rates, following a rate-cutting stance from two fellow Fed governors earlier in the week [2][3] - The federal funds rate has been relatively high, ranging from 3.13% to 5.38% between September 2022 and September 2024, as the Fed attempts to control inflation [4] Market Reaction - Stock prices fell, with the S&P 500 and Nasdaq Composite both declining by 0.3%, and the Dow Jones Industrial Average retreating by 0.4% [3] - Stock futures for major indices are slightly down ahead of the market open [5] Economic Indicators - Initial jobless claims for the week of September 20 are expected to rise to 235,000 from 231,000 in the prior week [6] - Existing home sales are projected to decrease to 3.96 million in August from 4.01 million in July [6] - Corporate earnings reports are anticipated, with Costco expected to report EPS of $5.81 for the August quarter, up from $5.29 in the prior year [6] and Accenture's consensus EPS estimate at $2.98, up from $2.66 [6] Company Earnings Expectations - CarMax is expected to report EPS of $1.03 for the August quarter, an increase from $0.85 in the same period last year [7]

Brazil’s central bank said economic growth will slow through the rest of this year and all throughout 2026 as interest rates at nearly a two-decade high start to grind on activity https://t.co/qsmO4KEyNf ...

“The bar to go into negative territory with interest rates is certainly higher” https://t.co/XD32w5OGwW ...

Interest Rate Outlook - Mexico is forecast to cut interest rates to a three-year low [1] Economic Factors - Weak economic activity curbs inflationary pressure [1]

The Swiss National Bank kept borrowing costs unchanged, halting its easing cycle as officials shirk from a return to negative interest rates https://t.co/dIKXrOsOT0 ...

Summary of Key Points from J.P. Morgan's Global Data Watch: Asia Industry or Company Involved - The report focuses on the economic outlook for Asia, particularly China and its domestic demand, as well as the broader implications for emerging markets in Asia. Core Insights and Arguments 1. **China's Domestic Demand**: Domestic demand in China continues to underperform, leading to a reduction in the 3Q GDP growth forecast to 2.3% quarter-on-quarter annualized (q/q ar) from 3.0% [1] 2. **Impact of Trade-in Subsidies**: August retail sales have softened due to the fading impact of trade-in subsidies and weak consumer confidence [1] 3. **Industrial Production and Investment**: Industrial production has moderated, and fixed asset investment has collapsed, attributed to anti-involution policies, limited funding for infrastructure, and ongoing weakness in the housing market [1] 4. **Future Growth Projections**: Despite the current slowdown, average GDP growth on a year-on-year (o/y) basis is expected to remain at 5%, aligning with the full-year target, which reduces the urgency for immediate policy action [1] 5. **4Q Growth Expectations**: Sequential slowdowns are anticipated to drag down 4Q growth to 3.9% o/y, increasing pressures for more easing measures [2] 6. **Policy Easing Measures**: Expected easing measures include a tactical pause in anti-involution efforts, earlier monetary easing, and potential fiscal support through front-loading the 2026 budget or utilizing remaining debt ceiling limits [2] 7. **Export Trends in Asia**: The report notes a significant contraction in exports across several Asian countries, including a 9% sequential contraction in Singapore's non-oil domestic exports (NODX) in August, indicating a reversal from earlier growth [3] 8. **Japan's Export Performance**: Japan's real exports were nearly flat in August, with a notable 12% month-on-month (m/m) decline in exports to the US, influenced by tariff agreement timings [8] 9. **Taiwan's Resilience**: Taiwan's exports remain robust, driven by strong tech exports, with first-half growth reaching nearly 10% [9] 10. **Fiscal and Monetary Policy Coordination**: The report highlights the need for better coordination between fiscal and monetary policies in the region, as monetary easing has not sufficiently boosted domestic demand [10][11] Other Important but Potentially Overlooked Content 1. **Political Discontent**: Sluggish domestic demand and employment issues have led to political discontent in several countries, prompting calls for more policy support [10] 2. **Indonesia's Monetary Policy**: Bank Indonesia has implemented consecutive rate cuts to support growth, reflecting a desire for fiscal-monetary coordination amidst political developments [10] 3. **Fiscal Stimulus in Other Countries**: Countries like Korea and India have announced fiscal stimulus measures, indicating a trend towards increased fiscal support in response to economic challenges [11] 4. **Long-term Growth Potential**: The report suggests that structural changes and fiscal consolidation could enhance Japan's medium- to long-term growth potential, despite current concerns over debt sustainability [30] This summary encapsulates the critical insights and projections regarding the economic landscape in Asia, particularly focusing on China, Japan, and the broader emerging markets.

BREAKING: 🇺🇸 FED RATE CUT ODDS IN OCTOBER JUMPS TO 94.1% 🚀 https://t.co/6okA6x25qw ...

Hello everyone. The Federal Reserve has finally admitted tariffs have not been inflationary. We're going to discuss whether the Fed should be replaced by artificial intelligence. I'm going to share my theory on why gold is surging higher. And John Narian is going to join us to dissect the current state of financial markets. We're live today from the desk of Anthony Pompiano. [Music] Before we get into today's show, I need your help. My goal is to get to 1 million subscribers on YouTube, but we only have 25, ...