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Fed's Powell: We still think the labor market is the best economic data we have
Fed's Powell: We still think the labor market is the best economic data we have.
— FinancialJuice (@financialjuice) July 30, 2025
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Feds Powell: GDP is bumpy quarter to quarter and is often revised.
— FinancialJuice (@financialjuice) July 30, 2025
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Powell: No comment today on plans to stay on the Fed Board after chair term ends.
— First Squawk (@FirstSquawk) July 30, 2025
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From @financialjuice|Jul 30, 2025|2 commentsFed's Powell: In the discussion around policy, the majority view was that inflation is above target, employment is at target, and policy should be somewhat restrictive. Fed's Powell: Expects dissents to be explained in next day or so. Powell Says Differences in Opinions Are Normal and Calls This One of the Best Meetings They've Had Fed's Powell: Inflation is further from our goal than employment. Powell: We'll receive two employment and inflation reports before the next meeting—those will guide our next steps.
From @DeItaone|Jul 30, 2025POWELL: WE'RE MONITORING SLACKER DATA QUALITY IN THE CPI Powell: Reliable government data is essential—we hope to continue getting what we need. An independent central bank has greatly benefited the public. Powell: Fed independence must be upheld as long as it benefits the public. Consumer spending, after years of strong growth, may be slowing—but remains healthy, with solid credit performance. Powell: GDP met expectations but is hard to interpret due to net export swings; private sector job creation has eased slightly in the latest report. Fed's Powell: Totality of labor market data shows solid market but you have downside risks.
From @FirstSquawk|Jul 30, 2025Powell: Goods inflation is pushing us slightly off target; risks remain to both inflation and employment goals. Fed's Powell: The next steps we take are likely to be closer to neutral. Powell: A lot of data due before the next meeting; base case sees recent price rise as one-time—timing adjustments are key. POWELL: REALLY HARD TO SAY IF DATA TO BE CLEAR BY NEXT MEETING Fed's Powell: The dollar has not been a major focus of discussion.
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From cnbc.com|Jul 30, 2025U.S. banking giant JPMorgan partnered with Coinbase on Wednesday to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange ...
From @realDonaldTrump|Jul 30, 2025|3 comments
We are very busy in the White House today working on Trade Deals. I have spoken to the Leaders of many Countries, all of whom want to make the United States “extremely happy.” I will be meeting with the South Korean Trade Delegation this afternoon. South Korea is right now at a 25% Tariff, but they have an offer to buy down those Tariffs. I will be interested in hearing what that offer is.We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves. We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day!Likewise, other Countries are making offers for a Tariff reduction. All of this will help reduce our Trade Deficit in a very major way. A full report will be released at the appropriate time. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! TRUMP: OTHER COUNTRIES ARE MAKING OFFERS FOR A TARIFF REDUCTION
From blog.ethereum.org|Jul 30, 2025On July 30, 2025, the Ethereum community marked a major milestone: ten years since the Ethereum’s genesis block and mainnet launch. What began as a whitepaper has evolved into a ...
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