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X @mert | helius.dev
mert | helius.dev· 2025-09-18 22:59
The safest way to earn SOL and to stop your bags from melting away to inflation is to stake SOL nativelyi.e without using an LSTbecause, not tax advice, but there are many regions where swapping from SOL to a SOL LST is a taxable eventHelius:i) gives you top native yieldii) does this without deliberately slowing down the network and shitting on the chain for everyone to farm a few bps (looking at you Kiln and a few others)we are *strictly* IBRL alignediii) is one of only 2 Solana native teams in the Top 30 ...
Summers Says This Is an 'Unprecedented Time' for the Fed
Bloomberg Television· 2025-09-18 18:10
Economic Situation & Monetary Policy - The current economic situation is highly unusual due to conflicting inflation and unemployment risks, potentially unprecedented [1][2][3] - Supply shocks push up prices and reduce purchasing power, creating a dilemma for monetary policy [3][4] - The Fed's consensus views tariffs as a one-time price hit, but its impact on inflation expectations is uncertain [4][5][6][7] - There's a risk of losing contact with the 2% inflation target and developing an inflation psychology [9] - The industry believes the Fed needs to be more proactive in demonstrating its commitment to the inflation target, especially given political pressures [10] Tariffs & Inflation - Tariffs lead to a permanent increase in the price of goods, unlike temporary supply shocks [6] - The key concern is whether tariffs will fuel inflation expectations, leading to a wage-price spiral [7] - The long-term inflation impact of tariffs is uncertain, and humility is warranted [8][9] Fed & Politics - It's unprecedented for a member of the administration on leave to be a governor of the Fed [2] - It's unusual for a president to try to remove a Fed member on what many consider a pretext [2] - It's also unusual for a Fed chair to operate when the president has publicly criticized them [2]
David Tepper: Fed could cut a few more times, but easing too much risks entering dangerous territory
CNBC Television· 2025-09-18 14:45
one easing or two easings or even three easings just are not just don't matter. >> Yeah. >> Um don't matter because we're still in a little restrictive territory with looks like you know a little bit too high inflation even without the uh tariff induced inflation.So they should be a little bit restrictive. Beyond that um I think it can you know then you're really risking a lot of things. A weaker dollar more inflation and those sort of things.So we you know I I and I don't it doesn't matter what happens if ...
David Tepper: Fed could cut a few more times, but easing too much risks entering 'danger territory'
CNBC Television· 2025-09-18 13:39
It's great to have you on. Thanks for joining. >> Have you been killing it the last couple years. It's been so long since you've been on.Have you would you say you have been >> able to repeat your great success again and again and again. You've been killing it. >> Well, first I do want to congratulate you guys on 30 years.And uh Mike's here instead of Andrew. He looks like kind of like a buffed Andrew. So make pretend like that.>> And Becky's not here. So >> that's actually my social media handle. >> You lo ...
Summers Says Fed Policy Is 'On the Loose Side'
Bloomberg Television· 2025-09-18 12:42
Monetary Policy Stance - Financial conditions suggest monetary policy is currently perceived as slightly looser than generally believed [1] - The balance of risks is leaning towards inflation rather than employment [1] - Current monetary policy and its signaling are considered somewhat on the loose side, though the difference is marginal [1]
X @Bloomberg
Bloomberg· 2025-09-18 12:30
Chancellor of the Exchequer Rachel Reeves says the UK government was looking at measures to reduce inflation when it publishes its next budget in November https://t.co/HbLdKte7ZA ...
Watch CNBC's full interview with NEC Director Kevin Hassett
CNBC Television· 2025-09-18 12:26
Join us now with his reaction to the Fed's decision and chairman Pal's comments. National Economic Council Director Kevin Hasset, you're okay, right. You you were enjoying things.You're you're getting your thoughts together uh and everything. Hopefully the guy with the lawnmower is uh is not coming out today. Kevin, >> that was funny last week.>> Unbelievable. Um 25 basis points. Um it's a start.How what how do you view that. You know, my old friend Alan Greenspan used to say that monetary policy steering i ...
Mester: The economy is more resilient than we all think it is
CNBC Television· 2025-09-18 11:46
So what did you make of the quarterpoint cut and also some of the commentary from J Pal uh just talking about the dispersion the summary of economic projections and also our Steve Leeman asked a great question are we on a path for cuts and JP pal came back and said well we're more data dependent something he obviously has said in previous meetings >> well the meeting turned out to be what most of us expected to have happen the 25 basis point cut >> I think what was would have been more problematic was we di ...
The 'risk management cut' that Jay Powell talked about was the right thing to do: Roger Ferguson
CNBC Television· 2025-09-18 11:13
Federal Reserve Policy & Interest Rates - The Federal Reserve cut interest rates by 0.25 percentage points, a decision characterized as "risk management" [1] - The vote for the rate cut was 11 to 1, with one Fed Governor voting for a 0.5 percentage point reduction [1] - The Fed is signaling the possibility of two more rate cuts before the end of the year [2] - The concept of a "risk management cut" suggests the balance of risk has shifted towards weakness in the labor market [7] Economic Outlook & Risks - The economy faces two-sided risk, with a weak labor market and high inflation, creating a difficult situation for policymakers [2][6] - Inflation remains high, potentially increasing gradually, while the labor market shows some weaknesses [5] - Recent retail sales data surprised on the upside, indicating some remaining strength in the economy [13] - The economy is more complicated than headlines suggest, with consumption largely driven by wealthier Americans [16][17] Housing Market - The US is estimated to be 2 to 3 million houses short of the required amount, making it a complex supply and demand story [16] - A 0.25 percentage point rate reduction is not expected to dramatically change the housing outlook [16]
X @Bloomberg
Bloomberg· 2025-09-18 10:38
ECB Vice President Luis de Guindos said the risk of undershooting the inflation goal isn’t elevated, even if the latest projections continue to show a period of price gains falling below 2% https://t.co/w0iGvCX8ix ...