White House on track for Fed Chair announcement this fall

Donald Trump Declares Activation Of Section 740 Of DC Home Rule Act TRUMP ON WASHINGTON, DC: PLACES UNDER DIRECT FEDERAL CONTROL President Trump Announces Deployment Of National Guard In Washington D.C. Due To High Crime Levels Trump Says "Other Cities Are Also Bad," Starting With Washington, D.C. TRUMP ON WASHINGTON, DC: WE WILL BRING IN THE MILITARY IF NEEDED

Reserve Bank Of Australia Governor Bullock Says Forecasts Suggest Interest Rates Might Need To Be Reduced To Keep Prices Stable RESERVE BANK OF AUSTRALIA GOV BULLOCK: FORECASTS IMPLY CASH RATES MIGHT NEED TO BE LOWER FOR PRICE STABILITY THERE WAS NO DISCUSSION OF LARGER RATE CUT NEUTRAL RATE IS A LONG RUN CONCEPT BUT ONLY IN THE ABSENCE OF SHOCKS DONT PUT A LOT OF EMPHASIS ON NEUTRAL RATE Australia’s Reserve Bank Official Bullock Says The Neutral Rate Range Is About 1 to 4% RBA Governor Philip Bullock Says The Board Will Make Decisions On A Meeting-By-Meeting Basis

I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same. Thank you for your attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA Further modifying reciprocal tariff rates to reflect ongoing discussions with the People’s Republic of China 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. In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff to Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits), I found that conditions reflected in large and persistent annual U.S. goods trade deficits, including the consequences of those exploding trade deficits, constitute an unusual and extraordinary threat to the national security and economy of the United States that has its source in whole or substantial part outside the United States. I declared a national emergency with respect to that threat, and to deal with that threat, I imposed certain ad valorem duties that I deemed necessary and appropriate. CHINA ISSUES STATEMENT ON US ECONOMIC AND TRADE TIES - XINHUA SAYS CHINA WILL SUSPEND TARIFFS FOR 90 DAYS