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BlackRock's Rieder Expects Two Fed Cuts This Year
Bloomberg Television· 2025-06-30 17:32
I want to talk about the Fed and cuts. I just did a snap poll on X and we have most people think to cuts. That seems a majority.Second, most would be one and then 13% said zero. I'm in the 13% camp. I just don't see the need for it.What's the problem here. Why cut rates. Why change something if it seems to be going so well right now.So. So I throw out one thing. So you think about the Fed raised interest rates 500 basis points.What was the impact on the economy. Not really debilitating. And I think one thin ...
X @Bloomberg
Bloomberg· 2025-06-30 17:24
Goldman Sachs pulled forward its forecast for Federal Reserve interest rate cuts, and is now calling for the central bank to resume reductions in September rather than December https://t.co/3tyIOeIz6s ...
X @Cointelegraph
Cointelegraph· 2025-06-30 17:20
🇺🇸 JUST IN: Trump says Fed Chair Powell and the board “should be ashamed,” claims U.S. should be paying 1% interest or less. https://t.co/13ZZJkvDbR ...
X @CoinDesk
CoinDesk· 2025-06-30 17:00
🗞️ Trump says he'd "love" if Fed Chair Jerome Powell resigns, pushing for 1% interest rates.🗞️ Michael Saylor's MicroStrategy buys another 4,980 BTC, now holding over $64B.🗞️ Spanish police bust major crypto fraud, arresting 5 suspects for laundering $540M.@jennsanasie hosts "CoinDesk Daily" 🔗👇Thank you @hodlwithledn 🤝 for being a sponsor of the CoinDesk Media Network. ...
C Clears 2025 Fed Stress Test: Make Investment or Still Wait?
ZACKS· 2025-06-30 16:35
Key Takeaways C passed the 2025 Fed stress test with a CET1 capital ratio of 10.4%, well above the 4.5% minimum. C approved a $20B buyback plan and raised its dividend 6% in July 2024 after clearing the stress test. C is trimming 20,000 jobs and exiting non-core markets to cut costs and refocus on higher-return areas.Citigroup Inc. (C) has passed the Federal Reserve’s 2025 stress test. Post-clearing the stress test, C now has the flexibility to return excess capital to shareholders via dividends and share ...
Apollo's Torsten Slok: Peak uncertainty is behind us, but these risk factors are still on horizon
CNBC Television· 2025-06-30 15:31
Welcome back. The S&P 500 NASDAQ hitting record highs this morning as we close out the first half of the year. Joining us now, Apollo global management chief economist Torson Sllock to give his outlook for the economy in the second half of the year.Torson, very good morning to you. Good to see you. Thanks for having me.Um, just that snapshot on what we learned there from Kevin Hasset and the developments over the weekend. Is is your expectation that the big beautiful bill ultimately does whether it's this w ...
X @Ash Crypto
Ash Crypto· 2025-06-30 15:14
🇺🇸 TRUMP SAID WE SHOULD BE AT1% OR 2% INTEREST RATE.( CURRENTLY ITS 4.25% - 4.50% )RATE CUTS ARE COMING SOON !! https://t.co/kaYne1KRFf ...
Treasuy Secretary Bessent on Tax Bill, Next Fed Chair, Government Debt
Bloomberg Television· 2025-06-30 14:37
We are now joined by U.S. Treasury Secretary Scott Betts. And just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill.The big question that remains is the GOP holdouts. What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support.Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th. So the Senat ...
X @Bloomberg
Bloomberg· 2025-06-30 14:28
Scott Bessent indicated it wouldn’t make sense for the government to ramp up sales of longer-term securities given where yields are today, though he held out hope that interest rates across maturities will be falling as inflation slows. https://t.co/0JlIiHjDpl ...
Fed Seems Frozen at the Wheel Here, Bessent Says
Bloomberg Television· 2025-06-30 14:10
While we're talking about interest rates and the Federal Reserve, it has been recently reported that you might be in consideration for the job as the next Fed chair. When you've been asked about the likelihood recently, you said that it's up to the president. Is it a job that you would want.I will do what the president wants, but I think I have the best job in D. C. We're making a lot of progress with the president's leadership.You know, I think think about it. We are going to have the tax bill on his desk ...