💥BREAKING:🇺🇸 TREASURY SECRETARY SCOTT BESSENT SAYS THE FED SHOULD CONSIDER A 50BPS RATE CUT IN SEPTEMBER.THIS IS BULLISH! https://t.co/e7eSfGGXJz ...

It is time for money, power, politics. Inflation, it rose 2.7% in July. And if you are looking for reasons why, look deep into that report.You can see that tariffs are pushing up the prices for some of the things that we import. Things like toys, shoes, and furniture. But not everything.Not yet. A lot of companies stocked up ahead of time to prepare for Donald Trump's tariffs. And those businesses have been selling off that inventory to keep prices down.But last week, of course, the rest of Trump's tariffs ...

A US inflation report is bolstering the case for traders betting that the Fed will soon cut interest rates, with some seeing an increased possibility of an outsize reduction https://t.co/Uct99h1KhB ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Vonnie Quinn taking you through to that closing bell with a global simulcast. It started Carol Massar in the radio booth.David Gura in today for Tim Stenovec, a big welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. On a day where we see the S&P up 1% at a record high, the Russell 2000 up 3% on the day. Carol Massar And that's all because CPI rose.Well, you know ...

Let's begin with this morning CPI data. Joining us this morning, Morgan Stanley, wealth management, chief economic strategist and global head of thematic and macro investing, Ellen Zener is here post9. E, it's great to have you back.>> We've been talking all morning long about the print red versus expectations versus the direction of travel and whether the latter is a little more worrisome. >> Uh, I don't think either is worrisome. I mean, in my view.Uh and look, it's been very difficult for the Fed to uh s ...

💥BREAKING:🇺🇸 SEPTEMBER RATE CUT ODDS SURGE TO 90% FOLLOWING U.S. CPI RELEASE. https://t.co/waB2Qnagp3 ...

Bitcoin is at $120,000 and the Fed hasn't even cut rates yet... 🐂 https://t.co/X0rC2VNWK2 ...

48 hours ago, I put out a post over on X where I said that I'm extremely confident that old coins and this entire market will soon be trading at new all-time highs. Obviously, I can be wrong and I will admit if I am, but I see this market erupting towards the end of the month with September being even bigger. Most are anticipating a bearish September.It typically isn't the best month, but I believe we get the first rate cut, which will cause a huge surge across the board. There is currently a 93.2% 2% chanc ...

Will Bitcoin go parabolic after the September rate cut? https://t.co/sCb2ulT7go ...

Yeah. You know, it's interesting because they had that meeting right before that jobs report came out. Look, our view is the Fed is going to wait as long as possible and then probably cut by 50 basis points.Whether that's September or not, it's hard to say. But I think that that it's going to be either probably September or December. I don't think they will be able to wait much longer than that.But the Fed is in a pickle, right. Inflation is going to go up over the next couple of months with these tariffs. ...