What are digital services taxes and why is US President Donald Trump threatening countries that impose them with additional tariffs? Here's what to know. https://t.co/givR1PRW65 ...

Higher US tariffs won’t derail the euro-area economy, which is on the brink of a recovery, European Central Bank President Christine Lagarde says https://t.co/3VH9iYUeWK ...

All right. So, the market clearly saw what JPL had to say as dovish. You just saw the market reaction.The S&P again having its best day in almost three months. How did you view it in some of what seemed to be some couching by JPAL about the Fed's strategy going forward. >> I think your word couching might be relevant.I would use a word maybe a bit more nuanced. So certainly I think the market read the uh summary in the right direction which is a tilt towards a cut possibly as soon as September. But I think ...

The last word with Lawrence O'Donnell starts right now. Alli is in for Lawrence. Good evening, Ally. You know, Miles is right. I I've interviewed uh John Bolton for years. Can't say one time we've ever been on the same side of a policy issue. Most recently, it was after he had his security removed uh after an assassination uh threat by the Iranians for something, by the way, that I think he shouldn't have done in the first place. But the bottom line is we sort of, you know, stand by the idea that we don't g ...

There's a lot going on with this meeting, I will say, and delighted to be here with you. The framework review, which we will hear more about, very complicated context, obviously. And let to tell you a little bit about how I'm seeing economic conditions in the outlook.So let's get into that. There is this dual mandate that's in question, the idea of inflation versus labor. Where are you in the continuum of which you need to be most worried about. Well, you need to be this is a time when you need to be lookin ...

Monetary Policy Stance - The Federal Reserve (Fed) was in a wait-and-see mode regarding the impact of tariffs, but recent data suggests a muted impact, potentially leading to rate cuts [2] - The Fed perceives no signs of tariffs causing inflation expectations to become unanchored, viewing it as a one-off event rather than an ongoing inflationary cycle [3] - The speaker suggests Chair Powell is ready to start moving in September [3] - There was a debate within the committee about the luxury of waiting longer, possibly influenced by the August 1st payroll report [4] Inflation and Tariffs - Data suggests a more muted inflation impulse from tariffs, with some tariffs being negotiated down [5][6] - The initial tariff concerns from April, anticipating widespread increases of 20-30%, have subsided [6] - The slower impact of tariffs over time makes the Fed more comfortable that inflation expectations will remain anchored [7] Inflation Expectations - Inflation expectations are considered crucial in monetary policy, but the right measure is unclear, with options including Treasury Inflation Protected Securities (TIPS), consumer surveys, and business surveys [9] - The Fed has wiggle room in choosing which inflation measure to emphasize [10] - Despite past concerns about transitory inflation, people continue to believe the Fed regarding inflation expectations [10][11] Labor Market - Revised data suggests the labor market has been weakening [2][7] - Weakening labor market data supports the idea of bringing rates down [7]

on set. Two of our favorite people, Kevin Gordon of Schwab, Francis Donald with RBC Capital Markets. Thank you for joining us.It's Brian. Nice to see you. So, I'm reading Pal's speech here, Kevin.Higher tariffs have begun to push up prices in some categories of goods. We expect the effects of tariffs to accumulate over coming months with high uncertainty about timing and amounts. I I could read this and actually make the case for a rate hike.Yeah. Yeah, I mean I think he to me the speech was all about balan ...

- I'm here in Jackson Hole, Wyoming, where the Fed Chair Jerome Powell just gave his highly anticipated speech on the economic outlook. - With policy and restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance. - Powell is more worried about risks to the labor market.He's worried that the economy might be slowing down more than officials had anticipated, and so even though he acknowledges that tariffs are showing up in inflation, the labor market ...

Jeep CEO Bob Broderdorf told CNBC on Friday that "costs are certainly going to be impacted by tariffs" in manufacturing its newly announced Cherokee model. Amid a six-year sales decline for Jeep, Stellantis is also facing headwinds from President Donald Trump’s tariffs, estimating its full-year impact for the company will reach 1.5 billion euros, or $1.74 billion. ...

In this article TXN When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that. During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies not manufacturing in the U.S., Apple CEO Tim Cook upped his companies' U.S. spending commitment to $600 billion over the next four years, up from an o ...