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The Fed set to move faster to stave off recession risk
How quickly things can change. And here's why we've changed our minds on what the Fed will likely do next. Friday's US jobs report was a wake-up call. Our view had been that while economic growth was likely to slow in the near term in response to the uncertainty generated by President Trump's policy mix of trade tariffs, targeted spending cuts and immigration controls, the jobs market was looking resilient. Monetary policy was mildly restrictive, but in an environment where tariffs will push up prices, we doubted the Fed would be in a rush to cut interest rates despite pressure from the President. We felt that by the ... (full story)
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From @DeItaone|Aug 6, 2025|4 commentsKASHKARI: STILL MAY BE APPROPRIATE IN THE NEAR TERM TO BEGIN ADJUSTING POLICY RATE Fed's Kashkari: Fed's Kashkari: The Economy Is Slowing - CNBC - The Economy Is Slowing - Still Not Clear What Impact Tariffs Will Have On Inflation KASHKARI: THE FED NEEDS TO RESPOND TO THE SLOWING ECONOMY KASHKARI: TWO RATE CUTS THIS YEAR STILL SEEMS APPROPRIATE Fed’s Kashkari: Wage Growth Is Declining, Which Suggests The Labor Market Is Cooling - Kashkari: The Unemployment Number Is Very Important, But Fed Knows Revisions Are Possible
From @financialjuice|Aug 6, 2025|13 commentsWH Sr. Adviser Hassett: Trump's highest priority is Fed independence. HASSETT ON FED BOARD: SEEMS TO BE VOTING IN PARTISAN WAY
From sec.gov|Aug 6, 2025Some things are better left unsaid. Today, the Division of Corporation Finance spoke in the form of a statement on liquid staking activities that purports “to provide greater ...
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From thetradable.com|Aug 6, 2025Dogecoin (DOGE) took a hit on Monday, falling 5% over 24 hours as trading volume exploded. Traders are watching to see if the meme coin can hold above $0.198 or slide further to ...
From @DBNewswire|Aug 6, 2025|56 comments*TRUMP SIGNS EXECUTIVE ORDER IMPOSING ADDITIONAL 25% TARIFF ON INDIA *WHITE HOUSE: TARIFF ON INDIA OVER CONTINUED RUSSIAN OIL PURCHASES
Addressing Threats to the United States by the Government of the Russian Federation By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order: Section 1. Background. Executive Order 14066 of March 8, 2022 (Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts To Undermine the Sovereignty and Territorial Integrity of Ukraine), expanded the scope of the national emergency declared in Executive Order 14024 of April 15, 2021 (Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation), to include the actions taken against Ukraine by the Government of the Russian Federation. To address that unusual and extraordinary threat to the national security and foreign policy of the United States, Executive Order 14066 prohibited, among other things, the importation into the United States of certain products of Russian Federation origin, including crude oil; petroleum; and petroleum fuels, oils, and products of their distillation. I have received additional infor *TRUMP ORDER DIRECTS IDENTIFICATION OF COUNTRIES IMPORTING RUSSIAN OIL WHITE HOUSE: IF FOREIGN RETALIATION OCCURS, PRESIDENT TRUMP MAY AMEND ORDER TO ENSURE ITS EFFECTIVENESS
From morningstar.com|Aug 6, 2025The Coinbase ad actually never mentions crypto once The Coinbase television commercial has generated fierce debate, especially after it was banned A Coinbase Global ad - which ...
