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‘THIS IS THE START': Scott Bessent signals big things will ‘lift off' in 2026-2027
Youtube· 2025-11-07 15:30
I'm sorry. South Carolina, I should say. Um, and this is where the evac facility is.This is a rare earth mineral processing center uh here now in the United States. It starts production this week. I'm with the Treasury Secretary here.You know, you are fresh off the uh negotiations with China. Rare Earth Minerals was a big deal with this. We are seeing now the first processing plant in the United States here with EVAC.What message does this send. Uh Ed, the President Trump got into office January 20th, immed ...
Europe's Central Bank leaves key interest rate unchanged as businesses weather US tariffs
Yahoo Finance· 2025-10-30 11:16
Core Viewpoint - The European Central Bank (ECB) has maintained its key interest rate at 2% for the third consecutive meeting, indicating that inflation is under control and European businesses are managing the impact of higher U.S. tariffs better than expected [1][7]. Economic Growth and Competitiveness - Despite a modest growth outlook, concerns about Europe's economic competitiveness are rising, particularly in light of increasing competition from China and higher U.S. tariffs [3][4]. - Recent surveys indicate a modest upswing in European business activity at the start of the fourth quarter, with a growth of 0.2% in the third quarter compared to the previous quarter and a 1.3% increase year-over-year [6]. Inflation Control - Inflation was recorded at 2.2% in September, slightly above the ECB's target of 2%, leading analysts to suggest that the ECB may not change rates again until next year [7]. Monetary Policy Stance - The ECB's current stance contrasts with the U.S. Federal Reserve, which has recently cut rates to support growth amid elevated inflation [8]. - ECB President Christine Lagarde emphasized that while the monetary policy is in a good place, it is not fixed, and future decisions will be data-driven [5].
Exclusive-Former Fed Bullard, after meeting Treasury chief, flags conditions to be Fed chair
Yahoo Finance· 2025-09-15 18:59
`` By Michael S. Derby `` `` (Reuters) - James Bullard, the former president of the Federal Reserve Bank of St. Louis, said Monday he’d spoken last week with Treasury Secretary Scott Bessent about becoming central bank chair, and that he’s very interested in the job under the right set of conditions. `` `` “I talked to the Treasury secretary last Wednesday and his team” about the top Fed position as well as other issues, Bullard said in an interview with Reuters. Bullard, who is now Dean of the Mitch Daniel ...
Northlight Asset Management首席投资官Chris Zaccarelli:如果美国通胀压力确实持续可控,美联储可能会推进降息,最早或在9月行动。但如果接下来的数据发生变化,美联储将不得不在更长时间维持利率不变。
news flash· 2025-07-15 21:18
但如果接下来的数据发生变化,美联储将不得不在更长时间维持利率不变。 Northlight Asset Management首席投资官Chris Zaccarelli:如果美国通胀压力确实持续可控,美联储可能 会推进降息,最早或在9月行动。 ...