Fed Policy & Interest Rates - The market anticipates potential rate cuts by the Fed, with a majority expecting at least one cut [1] - The author disagrees with the need for rate cuts, questioning the rationale given the current economic conditions [1] - The US economy is considered less sensitive to interest rates due to its technology and service-oriented nature, except for the housing market [2] - The Fed has raised interest rates by 500 basis points [1] Housing Market & Inflation - The US faces a housing inventory shortage, and lowering interest rates could reduce inflation by incentivizing home building [3] - High mortgage rates are forcing home builders to subsidize mortgages, hindering construction and keeping inventory low [3] - Lowering mortgage rates could address shelter inflation, a persistent component of overall inflation [4] Treasury & Debt Management - The Treasury Secretary's focus is on the ten-year yield, anticipating a parallel downward shift in the curve as inflation decreases [5] - The Treasury Secretary can influence the ten-year yield by adjusting the size and term of debt auctions [6] - Extending the term of the debt should be considered after inflation is under control and rates have come down [7] Fed Tools & Market Influence - The Federal Reserve possesses tools, such as Operation Twist, to manage the back end of the yield curve [8]

We are now joined by U.S. Treasury Secretary Scott Betts. And just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill.The big question that remains is the GOP holdouts. What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support.Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th. So the Senat ...

While we're talking about interest rates and the Federal Reserve, it has been recently reported that you might be in consideration for the job as the next Fed chair. When you've been asked about the likelihood recently, you said that it's up to the president. Is it a job that you would want.I will do what the president wants, but I think I have the best job in D. C. We're making a lot of progress with the president's leadership.You know, I think think about it. We are going to have the tax bill on his desk ...

I'd love him to resign if he wanted to. He's done lousy job. Look, uh, if you were there, you'd say, well, you know, the United States is doing well.They have no inflation, and if they do get inflation in a year or two, we'll put we'll start raising the rates. We'll get rid of the inflation, you know, and do other things. Uh, Biden had the worst inflation in the history of our country, 19%, but I think it was much higher than that.Frankly, they say 19%, they say. I think it's a lot higher than that. And we ...

Any measures to ease inflation in Japan must be speedy and shouldn’t impede the government’s ability to fund social services, Japan’s Prime Minister Shigeru Ishiba said https://t.co/aYQJ7rOrTY ...

he's a very stupid person, actually. >> Well, President Trump's battle with Fed Chair Jay Powell taking another turn this week or another leg down. I suppose those attacks coming as the Wall Street Journal reported this week that the president may announce Powell's replacement by early this fall.The white House yesterday denying that the president is close to announcing Powell's successor. And joining us right now is former Federal Reserve Governor Daniel Tarullo. He led the central bank's regulatory reform ...

Interest Rate Outlook - Federal Reserve Bank of Minneapolis President Neel Kashkari anticipates two interest-rate cuts as likely this year [1] Inflation Risk - Tariffs could potentially have a delayed impact on inflation [1]

I guarantee you threequarters of the country doesn't know what the hell the Fed is. So you do not have all eyes on the Fed. Well, on that note, Fed Chair Jay Pal has been under extreme pressure to cut interest rates from within and outside the Fed.Senior economics reporter Steve Leeman is here. He takes a look at where it's coming from and where it's going to. Just kidding.And possible motives. Welcome, Steve. Thank you, Becky.The pressure on Powell to cut rates comes from the president, some in Congress, a ...

Fed Chair Jay Pal faced two days of grilling on Capitol Hill. Yesterday, Senator Elizabeth Warren asked why the Fed's inflation forecast is now higher than it was just six months ago. Senator Warren joins us this morning. She's the lead Democrat on the banking committee. And Senator, thank you for being with us this morning. Happy to be with you. Why don't we get at your line of question from yesterday? Um, you were really getting at this idea of where inflation targets for the Fed are headed. What What's u ...

Federal Reserve Chair Jerome Powell on Wednesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. He noted that inflation is still above the Fed’s 2% target, with the impact that President Donald Trump’s tariffs will have still unclear. The cautious tones could further antagonize Trump, who has ramped up his long-standing criticism of Powell. ...