I AM FOCUSING ON THE 10-YEAR. AS WE SEE INFLATION COME DOWN, I THINK THE WHOLE CURVE WILL SHIFT DOWN. >> DON'T MISS OPEN INTEREST ALIVE WEEKDAYS. >> POSITIONING CONTINUES TO CHASE HIGHER. THAT HAS BEEN THE KEY DRIVER OF THE MARKET RALLY AND THE REASON WHY EQUITIES HAVE BEEN ABLE TO DEFY ALL ODDS. >> THE MOMENTUM IS COMING FROM DIFFERENT DIRECTIONS. TO TURN THE TIDE WHILE THE WHOLE ECONOMY BENEFITS? I THINK THE JURY IS STILL OUT. >> I THINK IT IS BROADENING THIS YEAR. EQUITIES ARE A GREAT ASSET TO CAPTURE TH ...

Federal Reserve Independence - The Federal Reserve should be independent, as central bank dependence can negatively impact a country's economy [1] - Firing Jerome Powell could destabilize the global economy [1] Market Impact of Potential Fed Chair Removal - Removing Powell could crash the stock market and the bond market [2] - Interest rates, specifically the 10-year Treasury yield, could rise by 100 to 200 basis points (1% to 2%) [2] - Increased interest rates would significantly increase the government's budget allocation for interest payments [2] Presidential Considerations - The president's lawyers and economists are likely to advise against firing Powell due to potential market repercussions [2]

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. ...

Economic Outlook - The U.S. economy has shown resilience through the second quarter of the year, but potential stumbling blocks remain for the economic outlook [1][2] - Positive factors include the finalization of tax reform and potential deregulation, while significant risks include tariffs, trade uncertainty, worsening geopolitical conditions, high fiscal deficits, and elevated asset prices [2] JPMorgan's Position - JPMorgan tends to be cautious in its projections due to past crises that have caught many off guard [2] - The complexity of forecasting future economic conditions is acknowledged, with a suggestion that predicting inflection points can often be a waste of time [5] Federal Reserve Independence - The independence of the Federal Reserve is deemed critical for economic stability, with concerns that interference could lead to adverse consequences [10] - The current president has publicly criticized the Fed and its leadership, but has stated he will not attempt to remove the current chair, Jerome Powell [6][9]

Monetary Policy & Economic Concerns - The Senator has previously urged Powell to cut rates [1] - The current economic situation is complex, with moderated inflation but a softening labor environment [3] - Trump's policies, including tariffs and national debt management, are creating economic chaos [3] - Trump's actions create a dilemma for the Fed regarding rate adjustments, impacting both employment and inflation [4] Fed Independence - Trump has been attempting to undermine Jerome Powell and the independence of the Fed [7] - Maintaining the Fed's independence is crucial for the strength of the American economy [10] - Republicans in the Senate are trying to undermine the Fed's independence, for example, by attempting to cut salaries of people who work at the fed [12] - Congress has already established laws to preserve the Fed's independence [12]