we're gathering more information. But I hope you saw yesterday, ambassador. >> You're not watching the.>> Halftime report. That was just video of the president at the. >> White House taking questions.>> After a report crossed that saying that Trump will likely fire Fed Chair Jerome Powell. >> Quote, unquote. >> Soon, according to a white House official.The president. >> Now saying. >> That is highly unlikely when you get over to our Megan Cassella live in D.C. With much more on this story. >> Megan.>> Hey. ...

Do you have plans uh or if you're back considering firing Jerome Powell? Um and what's your justification if if you're thinking about this to do this? Too late. He's always been too late, hence his nickname, too late. Uh he should have cut interest rates a long time ago. Europe has cut him 10 times in the short period of time, and we cut him none. The only time he cut him was just before the election to try and help uh Kamala or Biden, whoever the hell it was, because nobody really knew. Uh obviously that d ...

Inflation and Tariffs - Tariffs haven't materially increased inflation yet, but the situation is still evolving [2] - The impact of tariffs on pricing power and margins remains uncertain as companies assess demand elasticity [14][15] - The US has collected $266 billion in tariffs, surprisingly without sparking inflation [12] Monetary Policy and Economic Outlook - The Fed is waiting for clearer signs of labor market weakening before making further moves, influenced by political pressure [3] - A stable inflation rate of 25% to 3% and growth around 15% are considered acceptable [4] - Fiscal stimulus is driving demand, but supply-side productivity enhancements are crucial [5] Productivity and Innovation - There's significant potential for productivity growth driven by AI, life sciences, and robotics [6] - Increased productivity could raise the economy's speed limit [7] Risks and Challenges - Potential threats include the bond market's ability to absorb new issuance, the ultimate tariff regime, and Fed policy [7][8] - A too-tight Fed policy could negatively impact the economy [8] Bond Market and Interest Rates - The next big move for the 10-year Treasury yield is expected to be higher [9] - Even with Fed cuts, the yield curve is expected to steepen due to fiscal policy [10] - A 10-year Treasury yield between 45% and 5% and a 30-year yield above 5% are anticipated [10] Global Considerations - The US is less sensitive to interest rate moves compared to Japan, where rising rates could force institutional investors to sell foreign bond holdings [11][12]

Why is UK inflation so tough to bring down? And what does it mean for interest rates? https://t.co/hlnCfCPibx ...

PPI came in lower than expected, which means the Fed should be cutting interest rates now. ...

Welcome back to Squawkbox. Rick Santelli here live at CME HQ with inflation data, wholesale inflation data. Breaking news for the month of June.PPI comes in unchanged. Unchanged. We're expecting up 210.Unchanged will be the smallest inflationary wholesale increase in it since it was minus one10enth in March of this year. Strip out food and energy, it remains zero, unchanged, zero. And uh that would once again that would comp towards April when we were minus 210 which by the way was lowest inflation rate goi ...

Joining us now, Gary Conn, IBM vice chairman, former director of the National Economic Council, joins us on set as he really should um exclusively um from time to time. Thank you, Joe. It's always nice to be here with you. Always good to see you.What an introduction, right. Yeah, you s I don't I don't Nice introduction. It's not nice to be It's No, it's not. It's not nice to be wanted that I want you here instead of somewhere else.It's not Would you rather say, "Gosh, I wish you were on another show." No, y ...

France is set to cut the rate on its popular regulated savings products, following a recommendation from the central bank https://t.co/llkMBwoGdQ ...

I got to start off with the chip trade and the tech trade in general after ASML's warning. How are you viewing that warning and the impact on stocks in the pre-market. I mean we have seen a market that for you know years and years now has been dominated by the mag seven earnings and the AI story and big tech.Now some of big tech in a sense when you look at an Amazon a meta etc. although they are also big tech and the forwardlooking AI trade. So sort of the engine of growth for the future. In a sense, they'r ...

Remote work and downsizing are long-term challenges for real estate investment trusts (REITs) that own office space. But Vici is different. Vici is an "experiential" focused REIT that owns some of the most recognizable casino resorts and other trophy properties in the world, including Caesars Palace, MGM Grand, The Venetian, and Chelsea Piers, to name just a few of the 90-plus holdings. The focus on trophy properties has many advantages. First, they are extremely difficult to replace. Building a strip mall ...