"The numbers: A key measure of inflation showed a slightly hotter increase in May than Wall Street was expecting, likely cementing a decision by the Federal Reserve to forgo any interest-rate cuts until the fall."
inflation from 2.5% up to 3.1%
unemployment from 4.3% up to 4.5%
growth from 2.1% down to 1.4%
Sounding more like its heading toward stagflation now.
Everyone has an opinion. Donald Trump's opinion means no more than yours or mine.
He has no authority over Powell, nor Powell over him.
Powell has 12 people on the federal board, each with different specialties to vote and help make the decision. They only have the power, the voice and the vote to help make the decision.
“If I think somebody’s going to keep the rates where they are or whatever, I’m not going to put them in. I’m going to put somebody that wants to cut rates,” Trump told reporters at the Oval Office. The president suggested lowering rates to 1 percent.
Btw, fed meeting is a month away so all depends where bond yields are around then, low enough and Powell will follow and lower rates imo.
The bonds react to what happens in our country. We are not the country people go to for safety. Why do you think gold is up so high? What you should be worried about is the 3 who have not voted yet tonight in the Senate.
I don't think you may realize the prepitice the US is on with the vote tonight that will only allow debate to vote on the bill before it is sent back to the house if approved and what will happen in our country if this budget deficit is allowed to grow bigger.
Our personal situation is nothing. WE ALL MAY HAVE MUCH MORE TO WORRY ABOUT. Forget politics. Think about the future of our country.
Btw, fed meeting is a month away so all depends where bond yields are around then, low enough and Powell will follow and lower rates imo.
The reason for this inverse relationship is simple. When new bonds are issued at lower interest rates, the older bonds that offer higher rates become more attractive to investors. As a result, the demand for these older bonds increases, driving up their prices.
I think you should talk to a bond manager. The bond market reacts to what the fed does not the other way around. People buy bonds if they have faith in the US and its economy. Why do you think gold is so high right now? Why do countries want their gold back now. They were flying gold to our country and shipping their silver here but now wanting it back.
From Time on Friday June 27th
The Brief June 27, 2025
Updates on the economy.
Americans’ wallets could be set to take a hit as the U.S. dollar has tumbled to a three-year low amid concerns about the stability and strength of the country’s economy.
Trump has announced he will not extend the tariffs on the 9th. Maybe that will stable things? In uncertainity people stop buying things, exasperating the job market. 2/3 thirds of the 380 countries said if they moved to the US it would double their costs.