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FOMC Keeps Fed Funds Rate Steady, Citing Rising Risks of Unemployment, Inflation
Express News | British officials confirm that U.S. President Trump is expected to announce a trade deal between the United States and Britain on Thursday.
PIMCO issues a recession warning for the USA again: the risks have reached the highest level in years!
① PIMCO executives warn that the risk of recession in the USA has risen to its highest point in years, noting that investors may underestimate Trump's determination to reinstate high tariffs; ② the executive indicated that the USA will not quickly lose its status as a reserve currency, but meaningful progress on the deficit issue is hard to see; ③ PIMCO is currently focusing on shorter-term USA Treasury Bonds and believes that sovereign bonds in Other regions are more attractive.
Options Plays Ahead of FOMC Rate Decision
An awkward annual event! Beisent: One must believe in the USA. Other guests: Overseas Assets are more appealing.
① Every May, the Milken Global Conference held by the Milken Institute often gathers a large number of top global talents. The conference aims to jointly address the world's most pressing challenges and uncover the most promising opportunities of this era; ② At this year's annual event, US Secretary of the Treasury Yellen, who attended and delivered a speech, seemed to be in quite an awkward position.
Express News | US to Announce Trade Deal With UK - NYT
EZ_money : I think many are so focused on tariffs they are ignoring the other problems like the feds are stuck they can't do anything to help with the economy right now. I'm already seeing huge spikes in prices my coffee went up 4 dollars more over night because of tariffs. less spending, higher prices, no rate cuts to boost the economy.... we're screwed
EZ_money : they actually should be raising rates right now but they won't
EZ_money : also ports are empty, truckers are getting laid off, all signs of a slow down. we might not have anything on the shelves at the stores....yet news does not cover this like they should be. probably to avoid panic buying
104128755 EZ_money : no they shouldn’t. rate cuts is only good if economy is stable. as of now, recessionary pressure is elevated… not wise at all. no confirmation of stability post tariffs hence no rate cuts. it is always better to just sit and watch
EZ_money 104128755 : that's false information prices are going up again. sitting and doing nothing just compounds the problem. we're headed into stagflation then recession