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‘Perfect storm’ to hurt Americans: Dem strategist SLAMS Trump’s tariff policy and spending bill
MSNBC· 2025-07-06 22:01
Joining me now is Shenika McClendon, vice president of political strategy at Crooked Media, along with former Florida representative and MSNBC political analyst Carlos Kubelloo. Chenika, starting with you, new deadline at the end of the day. Yeah, it is.um you know they can say July 9th is when everything has to get done but if the tariffs are not going to return to these elevated places until August 1st that means there's another month of time that these countries can use to negotiate I think Donald Trump ...
X @Bloomberg
Bloomberg· 2025-07-06 16:35
On this episode of the Everybody's Business podcast, @AllisonSchrager joins @svaneksmith and @BradStone to discuss President Trump's Big Beautiful Bill and why the generally healthy and strong US economy is in need of some lifestyle tweaks https://t.co/i51n7zR9iH https://t.co/rSXPldIJtO ...
Former World Bank President David Malpass: The Fed has the rates too high
CNBC Television· 2025-07-02 12:34
Fed chair Jay Powell said yesterday that President Trump's tariffs had lifted inflation forecasts and were keeping rates on hold. Joining us now for more on the Fed and the US economy, David Malpass, former World Bank president and now distinguished fellow of international finance and inaugural fellow of global business and infrastructure at Purdue's Business School. David, great to have you with us. Hi Melissa, good to be on. Um, where do you think rates would be had it not been for the tariffs? Would we b ...
Fed Chair Powell Weighs in on Potential July Rate Cut, Trump’s Criticism | WSJ News
WSJ News· 2025-07-01 18:37
- Ignore the tariffs for a second. Inflation is behaving pretty much exactly as we have expected and hope that it would. We haven't seen effects much yet from tariffs and we didn't expect to by now.We've always said that the timing, amount, and persistence of the inflation would be highly uncertain, and it's certainly improved that. So, we're watching, we expect to see, over the summer, some readings, higher readings, but we're prepared to learn that it can be higher or lower or later or sooner than we'd ex ...
Powell: ''Ignore the tariffs,'' inflation is behaving as the Fed expected
Yahoo Finance· 2025-07-01 17:54
If you look ignore the tariffs for a second, uh inflation is behaving pretty much exactly as we as we have expected and and hoped that it would. We haven't seen effects much uh yet uh from from tariffs and we didn't expect to by now. We've always said that the timing, amount, and persistence of the inflation would be highly uncertain and it certainly improved that.So, we're watching. We expect to see over the summer some readings, higher readings, but we're prepared to learn that it that it can be higher or ...
BlackRock's Rieder Says Sell the Volatility
Bloomberg Television· 2025-06-30 17:51
Let's set the scene. We talk about the first half of 2025. At the start of the year, the ten year yield was at 4.56%.It rose to 4.8% shortly before Donald Trump took office. After Liberation Day, it sunk to 3.86%. Now we're stuck at around 4.27%.That's a pretty wide range and it feels like everything has been priced in at some point during this year. What's not priced in. So what's nice about it so far, by the way.I'd say a couple of things. By the way, the best return opportunity this year across debt and ...
BlackRock's Rieder Expects Two Fed Cuts This Year
Bloomberg Television· 2025-06-30 17:32
I want to talk about the Fed and cuts. I just did a snap poll on X and we have most people think to cuts. That seems a majority.Second, most would be one and then 13% said zero. I'm in the 13% camp. I just don't see the need for it.What's the problem here. Why cut rates. Why change something if it seems to be going so well right now.So. So I throw out one thing. So you think about the Fed raised interest rates 500 basis points.What was the impact on the economy. Not really debilitating. And I think one thin ...
X @Bloomberg
Bloomberg· 2025-06-30 14:40
Iran-affiliated hackers remain a potential threat to critical sectors of the US economy https://t.co/qlWo3NXFyw ...
Powell says he is concerned about the 'direction of travel' on data collecting
CNBC Television· 2025-06-24 20:00
I wouldn't say that I'm concerned about the data today, although clearly there has been a very mild degradation of the of the scope of this of the surveys and things like that. But I would say the direction of travel is is something I'm concerned about and that is um me measuring the US economy carefully and well is a project that's been going on and we're getting better at it for a hundred years and more. And it's really important not just for the Fed, but for Congress and for businesses, frankly, to know ...