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The US Federal Reserve Chairman Jerome Powell will talk on June 18, 2025, Washington DC, United States.
Yasin Biki | Anadolu Getty Images
US Federal Reserve Chair in Jerome Powell Post-meeting press conferenceRates theme – specifically the impact on prices – it was repetitive.
“Everyone I know for a significant increase in inflation in the months from the fees, because someone has to pay rates,” Powell said. “And some of them will fall on the last consumer.”
The financial data provided thanks to the US economy, and has not yet been affected.
In May, better than expected 139,000 jobs were added And the unemployment rate has changed at 4.2%. Consumer feeling in early June It was much more optimistic than the forecast, according to a University of Michigan Survey. And, the most crucial, Inflation in May – Based on the consumer price index – marked by 0.1% in the month, it is less than calculated.
But this chain of positive data Thank you for the slow process that moves through the economy.
“It takes some time through the distribution chain through last consumers. This is a good example of this today before sales are imported. We are starting to see some effects and see more of the coming months,” said Powell.
And the Fed officials, also the signs of the US economy “, will recognize Powell” in the end “. In other words, links – toxic prices and slower growth could be the opportunity in months.
Song “I got it on summer“It became viral in 2022”.
The US Central Bank has rates, sees two cuts
The US Federal Reserve saved Wednesday Interest rates between 4.25% between 4.5%From December where it has been. Along with the fare decision, the two-cutting table is still on the table. Calling “stupid”.
Feda feeds inflation and growth forecasts
US inflation, measured by personal consumption expenditure price index, will rise beyond 3% in 2025, according to an updated food prediction. The Central Banking PC was in March hit 2.8%. The PCE came in Only 2.1% in April. The Fed also increases economic growth to 1.4% this year, with an earlier estimate of 1.7%. Combined, two forecasts Early stagflation signals.
Markets and petroleum prices were within us
US Stocks Wednesday is flat. A S & P 500 0.03% slipped Dow Jones Industry Average 0.1% closed but NASDAQ compound Rose by 0.13%. Oil prices also changed little. European region Stoxx 600 index 0.36% lost. A FTSE 100However, 0.11% rose by data as the data enters the UK’s annual inflation 3.4% expected in May.
Trump says he didn’t decide Iran strikes
Second time in two days, Trump on Wednesday He met his National Security Group in the White House Between the conflict in Israel Iran. The closed door encounter that Trump did not yet decide whether or not to give the US strike Iran. On the same day, the US Ambassador Israel Mike Huckabee said they wanted to leave Israel to the American citizens who were organizing evacuation flights and boat departures.
(Pro) ‘Profound effect’ in the oil market: JPMorgan
The current leap of oil prices because the passionate conflict in the Middle East will not lead to long-term shock shock, depending on the historical data studied Jpmorgan. The change in Iran regime as a result of the military action of the US or Israelites, however, can be “A profound effect“In the global oil market, the bank said.
The EU and the US flags walk next to the military area of Ukraine, in southeastern Poland, March 6, 2025.
Because Sergei | AFP | Getty Images
These are the pastry points that hold the US trade deal
The US and the European Union is running out of time for trade tariffs – and analysts said that several points could be impossible.
Slow negotiations have been both the US and the EU will cut temporary obligations to each other until July 9th. It’s not a deal if you agree then, then agree, Mutual import rates 50% EU goods, and in Bloc Broad spread are placed in force.
“We’re talking, but I don’t think they’re offering agreement,” Trump said reporters on Tuesday, hopes to increase hopeless expectations.
So what happens between the two sides of things, which had a relationship worth 1.68 trillion euros ($ 1.93 billion) in 2024?