imprint for certain. >> Welcome back. Sizable miss for jobs this morning coming in at 73,000 in July with sharp downward revisions.That might be the bigger story for May and June. President Trump lashing out at Fed Chair Jay Powell on Truth Social. Of course, after the report telling him to drop the rate.Joining us now exclusively is Atlanta Fed President Raphael Bostic, along with our own Steve Liesman. Good morning Steve. >> Good morning Sara.Let's get right to President Bostic. Good morning, President Bo ...

First of all, there are a lot of forces forces at work in the economy and you know tariffs are one of them. You know the remilitarization of the world, the e the de fiscal deficits, you know the the uh demographics uh all those things are going to drive various things and yeah they may drive slightly higher inflation. What you really want is more growth.You know that is far more important than whether inflation ticks up or down a little bit. So and then tariffs themselves you know they've been greatly moder ...

Economic Indicators - Jerome Powell observes a historically low unemployment rate alongside inflation exceeding the target [1] - Dissenters point out a decrease in household spending and weak private job creation [1] Market Sentiment - Markets appear to be aligning with the Fed chair's perspective [1]

in terms of businesses like mining, you know, there's not a there's not necessarily a direct uh u um consequence of uh of these tariffs. Uh generally speaking, that would be uh but more fundamentally, I think the second order is that uh you know, around the world, I think we're going to experience some some very serious inflation over time, and that's going to affect a number of of the um the inputs to to production from a supply chain point of view. It's certainly going to impact finished good uh finished ...

Why don't we put this in context. Uh, two descending votes. How big of a deal is that.>> Well, as you point out, it hasn't happened since 1993. But on the other hand, uh, both Bowman and Waller have been indicating that they wanted to have a cut at this meeting. And most importantly, if you go back to June, we already saw some schisms, some splits start to show up.So, I would say it's just playing out as has been signaled before. I wouldn't overstate it um because uh I think the vast majority of the committ ...

Inflation Concerns - Anglo American CEO Duncan Wanblad anticipates significant inflation over time [1] - Businesses will need to manage rising costs due to tariffs [1] - Supply chains are expected to be affected by tariffs [1]

Monetary Policy - The Fed perceives it is further from its inflation goal than its job market goal, necessitating high interest rates [1] - A shift in the inflation vs job market dynamic could prompt the Fed to begin cutting interest rates quickly [1]

Monetary Policy - Bank of Japan held its benchmark interest rate steady [1] Inflation Outlook - Bank of Japan raised its inflation outlook [1] Economic Impact - Assessing the impact of Trump's tariffs [1]

Federal Reserve Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for an interest-rate cut from two dissenting officials, maintaining that the central bank needed to stay on guard against inflation risk https://t.co/NjYlfowNcp ...

RT CoinDesk Podcast Network (@CoinDeskPodcast)📊 Did Fed Chair Jerome Powell just threaten a rate hike? His warnings on inflation risk from tariff policy sparked a quick Bitcoin tumble to $115,800.@jennsanasie brings you "Chart of the Day," presented by @cryptocom.👇 https://t.co/JWFWwQRN21 ...