🇺🇸 TRUMP: Urges Fed to cut rates by 3 points, claiming it would save $1 trillion a year. https://t.co/1YWjbLU7u3 ...

We are back with some breaking economic data. That's right. Inflation did rise by 0.3% month overmonth in June and 2.7% year-over-year.That's higher than last month's figure of 2.4%. Here to take us through all this is Investopedia editor-inchief, our friend Caleb Silver. Caleb, good morning.So, walk us through what we're seeing here and and really the big question here is are we starting to see the impact of these tariffs or the back and forth at least of tariffs. Not really. And I was looking at the categ ...

Federal Reserve Policy - Market expectations for rate cuts are becoming increasingly difficult to justify based on CPI data [1] Inflation & Market Expectations - The market is expecting rate cuts [1]

US Treasury Secretary Scott Bessent says Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026 https://t.co/JryS5MubIC https://t.co/ClJJB1Ulpa ...

US Treasury Secretary Scott Bessent says a “formal process” is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell https://t.co/Y0nzzLwAa8 ...

Over the weekend. The other development was more pressure, it would seem, on Fed Chair Powell. The NSC director, Kevin Hassett, spoke to ABC over the weekend on this point and whether the White House would explore firing Jay Powell.Here's what he had to say. Yes or no answer. Does the president, in your view, have the authority to fire the Fed chair.That's a thing that's being looked at, too. But certainly if there's clause, Tyler, they're looking at it. What kind of pressure is the Fed chair under right no ...

RT Kellan Grenier (@kellangrenier)It needs to happen in a very managed way to prevent runaway inflation.Watch the silent pivot from 2% to 3-4 % CPI targets as the Federal Reserve leadership slowly turns over. ...

Monetary Policy - Steve Forbes suggests the Treasury should issue gold bonds to provide a metric for assessing whether Washington is undermining the dollar's integrity [1] - The suggestion is a response to the Federal Reserve's refusal to cut rates [1] Economic Commentary - The proposal aims to address concerns about the dollar's integrity in the context of monetary policy [1]

Monetary Policy & US Dollar - Steve Forbes suggests Trump can challenge the Federal Reserve's rate policy [1] - The proposal involves the Treasury issuing gold-backed bonds [1] - This would create a metric to assess if Washington is weakening the dollar's value [1]

.@SteveForbesCEO explains that Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity. #WhatsAhead https://t.co/DouaGSkxYk ...