Trump on Putin meeting: I think he's going to make a deal

US President Trump: Inflation Is Down To A Perfect Number; Hardly Any Inflation At All *TRUMP ON BORDER: MEXICO, CANADA DO WHAT WE TELL THEM TO DO Trump Declines Comment On Offering Rare Minerals To Putin

BESSENT ON FED: MAYBE WILL START WITH 25 BASIS POINT CUT AND ACCELERATE BESSENT: DIDN'T CALL FOR FED TO GET TO 1.5% PT. LOWER RATE US Treasury Secretary Bessent: To get to neutral, that would be about a 1.5% point cut. BESSENT: NOT CALLING FOR A SERIES OF FED RATE CUTS BESSENT: I'M POINTING OUT THAT MODELS SHOW NEUTRAL IS LOWER

FED'S MUSALEM: INFLATION IS RUNNING CLOSE TO 3% - CNBC Fed's Musalem: Tariffs are feeding through to inflation. Fed's Musalem: I expect most of the impact of tariffs on inflation to fade in 6 to 9 months, but it could be more persistent. Fed's Musalem: There are some signs of weakening, but the labor market is solid. ST LOUIS FED'S MUSALEM Q&A/CNBCCAN'T SAY HOW WILL VOTE AT SEPT FOMC; NOT GOING TO PREJUDGE DECISION; CAN UPDATE OUTLOOK EVEN ON DAY OF FOMC #Musalem #FederalReserve #economy