Can you commit right here and now that Trump's Fed nominee, Kevin Walsh, will not be sued, will not be investigated by the Department of Justice if he doesn't cut interest rates exactly the way that Donald Trump wants. >> Uh, I I that that is up to the president. Uh, can you commit that you will can you commit that you will not hold up be sued if it doesn't drop interest rates.The nip. ...

You ran the search for Donald Trump's Fed chair nominee and Trump promised, quote, "Anyone that disagrees with me will never be Fed chairman." Kevin Walsh got the nod last Friday. And then over the weekend, Donald Trump joked that he would sue Mr. . Worsh if he failed to lower interest rates.At least I think it was a joke. But just in case, this should be an easy one. Mr.. Secretary, can you commit right here and now that Trump's Fed nominee, Kevin Walsh, will not be sued, will not be investigated by the De ...

Bank of Canada Governor Tiff Macklem warned that cutting interest rates while the economy is adapting to structural changes risks stoking future inflation https://t.co/fbJlUaoFJT ...

You ran the search for Donald Trump's Fed chair nominee and Trump promised, quote, Anyone that disagrees with me will never be Fed chairman. Kevin Warsh got the nod last Friday. And then over the weekend, Donald Trump joked that he would sue Mr.. Warsh if he failed to lower interest rates. At least I think it was a joke. But just in case, there should be an easy one, Mr.. Secretary, can you commit right here and now that Trump's Fed nominee, Kevin Warsh, will not be sued, will not be investigated by the Dep ...

The European Central Bank today kept interest rates unchanged, with the deposit rate left at 2%: Here's your Evening Briefing https://t.co/q38APUbhtW ...

Core Insights - The Federal Reserve is still grappling with the lingering effects of inflation that surged post-pandemic, impacting household budgets and influencing monetary policy decisions [2][10] - The Consumer Price Index (CPI) rose by 2.7% year-over-year in December, significantly lower than the peak of 9% in 2022, yet still above the Fed's target of 2% [3][10] - Fed officials are cautious about cutting interest rates further due to ongoing inflation concerns, despite previous rate cuts aimed at boosting the job market [4][10] Inflation Outlook - Fed officials are debating the balance between inflation control and job market health, with some expressing concerns that inflation remains above the target for nearly five years [5][6] - Factors influencing inflation include housing costs and the potential for tariff-related price increases to become sustained rather than temporary [7] - Fed officials, including Thomas Barkin and Raphael Bostic, emphasize the need for patience in addressing inflation, which has been stuck in the high 2s to low 3s range for the past two years [8] Interest Rate Decisions - The Fed's key interest rate was held steady in the most recent meeting, with expectations that it will remain unchanged for the next two meetings, at least until June [12] - There is a 66% probability of a rate cut in June, according to market forecasts [12] - Fed Governor Michelle Bowman expressed confidence that inflation will eventually reach the 2% target and suggested that the Fed should consider rate cuts if labor market conditions improve [9][11]

MATT: HE HAS VERY GOOD TASTE. DANI: LET'S BRING IN TYLER WHO I AM ASSUMING IS NOT WEARING THE SAME TIME. WHAT WAS THE TREASURY SECRETARY SPEAKING ABOUT.TAYLOR: YEAH, THAT WAS IN A CONTENTIOUS EXCHANGE WITH THE RANKING MEMBER ON SENATE BANKING, SENATOR ELIZABETH WARREN WHO ASKED IF THE TREASURY SECRETARY WHETHER OR NOT HE COULD GUARANTEE IF A FUTURE FED CHAIR KEVIN WARSH WOULD FACE CRIMINAL INVESTIGATION IF HE DID NOT LOWER RATES. THE TREASURY SECRETARY SAID THE DECISION WOULD ULTIMATELY BE UP TO THE PRESIDE ...

Governor, thank you so much for speaking. Good to see you. Now, markets definitely ramped up bets on a march cuts after the decision.They now see it more as a 5050. Does that feel right. Were they underpriced ahead of this.Well, you may have seen it in my submission, in my paragraph in the minutes I said that I will be you know, I said, I think there is, you know, a prospect of, you know, some further some further cuts in interest rates. And I said I think in my last sentence, I said, I'll go into each meet ...

Market Overview - The markets are focusing on earnings and economic news, with expectations for December JOLTS job openings to increase by 104,000 to 7.250 million [1] - The University of Michigan's January consumer sentiment index is expected to decline by 1.4 points to 55.0 [1] Cryptocurrency Market - Bitcoin is down over 3% to a 1.25-year low, marking a 45% decline from its October record high [2] - Inflows into US spot Bitcoin ETFs have reversed, with approximately $2 billion withdrawn in the past month and over $5 billion in the last three months [2] Labor Market and Economic Indicators - Fed Governor Lisa Cook supports the decision to hold interest rates steady, citing risks tilted toward higher inflation [3] - Challenger's January job cuts rose by 117.8% year-over-year to 108,435, the largest for January since 2009 [3] - Weekly initial unemployment claims increased by 22,000 to an 8-week high of 231,000, exceeding expectations of 212,000 [3] Stock Market Performance - The S&P 500 and Nasdaq 100 are experiencing losses, with the S&P 500 falling to a 2-week low and the Nasdaq 100 to a 2.5-month low [4] - Qualcomm's forecast of weaker-than-expected Q2 revenue led to a decline of over 9% in its stock, impacting chip stocks [4] - Alphabet's forecast for full-year 2026 capital expenditures of $175 billion to $185 billion, significantly above the consensus of $119.5 billion, has raised concerns about its free cash flow [4] Earnings Season Insights - 150 S&P 500 companies are scheduled to report earnings this week, with 81% of the 237 companies that have reported so far beating expectations [6] - S&P earnings growth is projected to rise by 8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [6] - Excluding the Magnificent Seven technology stocks, Q4 earnings are expected to increase by 4.6% [6] Interest Rates and Bond Market - March 10-year T-notes are up by 10 ticks, with the yield down by 4.0 basis points to 4.234% [8] - The increase in T-notes is attributed to safe-haven demand amid stock market weakness and rising unemployment claims [8] International Market Performance - European stock markets are lower, with the Euro Stoxx 50 down by 1.05% and China's Shanghai Composite down by 0.64% [7] - Japan's Nikkei Stock 225 closed down by 0.88% [7] Company-Specific Movements - Estee Lauder is down over 19% after forecasting full-year adjusted EPS of $2.05 to $2.25, below the consensus of $2.17 [15] - Qualcomm's Q2 revenue forecast of $10.2 billion to $11.0 billion is below the consensus of $11.18 billion, leading to a decline of over 9% [12] - McKesson Corp is up over 13% after reporting Q3 adjusted EPS of $9.34, exceeding the consensus of $9.27 [17] - Align Technology is up over 11% after reporting Q4 adjusted EPS of $3.29, stronger than the consensus of $2.97 [17]

The Bank of England is now rather more worried about weakening UK growth than about inflation. Political risk and a leadership merry-go-round might play havoc in the longer run, but for now, the path for interest rates is clearly lower. https://t.co/LQA7a0dlU5 ...