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Trump: Because of tariffs, chip makers are coming back to the US
Trump: Because of tariffs, chip makers are coming back to the US.
— FinancialJuice (@financialjuice) November 17, 2025
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TRUMP: EXPECTS TO ISSUE TARIFF-BASED DIVIDENDS TO AMERICANS BY MID-2026
— First Squawk (@FirstSquawk) November 17, 2025
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From msn.com|Nov 17, 2025European Union officials are concerned a US push to expand the list of EU products subject to higher steel and aluminum tariffs may run afoul of the spirit of the trade agreement ...
From fxstreet.com|Nov 17, 2025|2 commentsGold (XAU/USD) trades choppy during Monday’s session as market participants now expect the Federal Reserve (Fed) will keep rates unchanged at the December meeting, while they also ...
From kitco.com|Nov 17, 2025Italy is considering a one-off levy for households to declare gold that is being held off the books – a move that could raise over 2 billion euros, or $2.3 billion, according to ...
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From federalreserve.gov|Nov 17, 2025|1 commentThank you to the Society for the honor of addressing your annual meeting. In doing a little research on the SPE's history, I noted that one goal cited by the business economists who founded this group was creating a forum to discuss the divergence between real-world challenges and economic theory. That task is pressing when business profits, losses, and the jobs of employees are on the line, and the stakes are also high for economic policymakers, who face those very challenges today. Economies are confoundingly difficult to understand because, in a sense, they are the largest and most complex things ever created by humans. Economists try to make sense of this complicated world and explain in logical and clear terms how to understand it. We develop rigorous theories that yield testable hypotheses, and we test those hypotheses to see if they are supported or rejected by the data. Being both an economist and economic policymaker, my objective today is to follow in that tradition and use economic theory and various types of data to describe my outlook for the U.S. economy and my views on the appropriate course of monetary policy. It may seem odd to come all the way to London to speak about the U.S. economy, but I hope it will be of interest—and I did warn the organizers about what I would talk about. Monetary policymakers like to use forward guidance to avoid surprises. Formulating my outlook has been complicated recently by the 43-day government shutdown, including the agencies that produce key economic data. As I will argue, I believe the challenge presented by this missing data has been overstated in many quarters. Policymakers and forecasters are not "flying blind" or "in a fog." While it is always nice to have more data, as economists, we are skilled at using whatever available data there is to formulate forecasts. Despite the government shutdown, we have a wealth of private and some public-sector data that provide an imperfect but perfectly actionable picture of the U.S. economy. So, what is that data telling us? First, that the labor market is still weak and near stall speed. Second, that inflation through September continued to show relatively small effects from tariffs and support the hypothesis that tariffs are having a one-off effect raising price levels in the U.S. and are not a persistent source of inflation. Accounting for estimated tariff effects, underlying inflation is relatively close to the Federal Open Market Committee's (FOMC) 2 percent target. Third, despite realized inflation running close to 3 percent and above target for five years, medium- and longer-term inflation expectations remain well anchored. And, lastly, even excluding the temporary effects of the shutdown, growth in real gross domestic product (GDP) has likely slowed in the second half of 2025 from its fast pace in the second quarter. FED'S WALLER: IT IS UNLIKELY THAT ANY DATA, INCLUDING THE UPCOMING JOBS REPORT, WOULD CHANGE THE VIEW THAT ANOTHER RATE CUT IS IN ORDER. ... FED'S WALLER: HOUSING AND CAR AFFORDABILITY REMAIN MAJOR CHALLENGES, WEIGHING ON SPENDING; SAYS ABUNDANT DATA STILL PROVIDES AN ‘ACTIONABLE PICTURE’ OF THE ECONOMY DESPITE OFFICIAL DATA LAGS FED'S WALLER MAKES CASE FOR CONTINUING INTEREST RATE CUTS - SAYS HE SUPPORTS A QUARTER-PERCENTAGE-POINT RATE CUT AT FED'S DECEMBER 9-10 MEETING - DECEMBER RATE CUT WILL PROVIDE ADDITIONAL INSURANCE ON LABOR MARKET - SAYS HE WORRIES RESTRICTIVE MONETARY POLICY IS WEIGHING ON ECO…
From youtube.com/cmegroup|Nov 17, 2025Gold futures traded lower for a third consecutive session, falling over half a percent to the 4,070 level and hitting a one-week low. The selling pressure follows Gold futures ...
From cnbc.com|Nov 17, 2025|1 commentFederal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at the central bank’s December meeting, saying he’s grown concerned over a the ...
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