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Treasury Secretary counselor says Fed rate cut is needed for the economy as worries continue about tariffs
The health of the US economy looks strong on paper, but Treasury counselor Joseph LaVorgna warns that high interest rates could become a headwind if the Fed does not act. “If monetary policy, by the Fed’s own admission, is working to restrict economic activity … interest rates cannot be a headwind to growth because we won’t meet our full potential in the labor market,” LaVorgna said on Yahoo Finance's Opening Bid. "The US economy does need some help on the interest rate side because the 3%-plus growth is great right now, but we're not going to sustain that." LaVorgna, who serves as counselor to Treasury ... (full story)
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From @DeItaone|Sep 29, 2025|3 commentsMUSALEM: EXPECT INFLATION TO BE ELEVATED FOR TWO OR THREE QUARTERS Fed's Musalem: The impact of tariffs has been more muted than expected, only responsible for perhaps 10% of current inflation. Fed's Musalem: The Fed needs to tread cautiously. *MUSALEM: RATES ARE BETWEEN MODESTLY RESTRICTIVE AND NEUTRAL *FED'S MUSALEM: MOST INFLATION NOT TARIFF DRIVEN
From @financialjuice|Sep 29, 2025|5 commentsFed's Williams: Monetary policy continues to be restrictive, we're still in a position to put downward pressure on inflation. FED'S WILLIAMS: FED STILL HAS A WAYS TO GO TO GET TO 2% INFLATION GOAL Fed's Williams: Tariffs have had a modest or moderate inflation impact. Fed's Williams: My model's estimate for the real neutral rate is 0.75%. Fed's Williams: The neutral rate is important, but policy is driven by data.
From investinglive.com|Sep 29, 2025The market was slow to pickup on the importance of the Freeport-McMoran update following the mudslide at its massive Grasberg mine but it's quickly becoming clear. About 70% of ...
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From youtube.com/whitehouse|Sep 29, 2025President Trump Participates in a Press Conference with the Prime Minister of the State of Israel
From @DeItaone|Sep 29, 2025|19 commentsTRUMP: WE ARE BEYOND VERY CLOSE ON GAZA PEACE DEAL Trump: Netanyahu agreed to the plan to bring an end to the war. *TRUMP: I'M HEARING THAT HAMAS WANTS TO GET THIS DONE, TOO *TRUMP: ISRAEL WILL WITHDRAW FORCES IN PHASES *TRUMP: ARAB STATES WILL DEAL WITH HAMAS *TRUMP: TRANSITIONAL AUTHORITY IN GAZA WILL WORK WITH PARTIES *TRUMP: IF HAMAS NOT DEALT WITH, ISRAEL HAS US' FULL BACKING
From finance.yahoo.com|Sep 29, 2025Switzerland has offered to invest in the US gold-refining industry, as part of its efforts to persuade the Trump administration to lower the 39% import tariff imposed last month. ...
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- Sep 29, 2025 1:22pm Posted byFundamental Analysis4,338
