GLOBAL BISGNES PERSPECTIVES NOTEWORTHY》

Precisely,If he had his way, he'd take policy there quickly. And it would do nothing to alter any tax effect of tariffs on end consumer prices.the current restrictive policy that has been vigorously defended by the Fed over the past eight months is also doing nothing to alter any tax effect of tariffs on end consumer prices.

The Fed decision Previous HeyDay[s]Week; He was the lone dissenter, voting for a 50 basis point cut. And he was obviously the low dot on the Fed's dot plot - which suggested he is pushing for a fast recalibration, to get the Policy Rate near the neutral level.

This all lines up with what Nvidia’s Mr.Jensen Huang has been telling us. After "Generative AI and Agentic AI", the next wave is physical AI: robots in the real world.He apprehently said it will reshape $100 trillion worth of global industry.

Mr.Chris Waller, who is on the list of candidates to become the next Fed Chair, allegedly expantiated that the Fed had not been following the data; instead had paused the easing cycle on assumptions about tariffs that were (his words) "counter to economic theory."

The actual U.S. playbook at assidous work is quite different. Solutions to the debt problem: Getting the economy on a 3%+ growth path and creating new Treasury demand through regulated dollar stablecoins. On the former, better growth will drive down the debt-to-GDP. On the latter, fresh global demand for Treasuries will put downward pressure on market interest rates

The three months average on payrolls (job creation) had dipped below 100k for the first time since the depths of the covid lockdowns. Add to all of this, the BLS had just made the largest negative one-off adjustment to job growth (-818k) since 2009 (the depths of the financial crisis). With the risks "balanced" between inflation and the labor market, the Fed decided to cut by 50 basis points -- with the stock market on record highs.

The precise job market that has averaged just 27k net new jobs over the past four months. Perhaps is the OVER-reporting of jobs in the first seven months of the year, and clearly this is not the job market,the Fed has been incorporating into its policy making decisions. And with that, the question is: would the Fed have cut rates earlier this year had they been privy to the numbers in the final revision column of the table above?

MeanWhile,The Federal Circuit court's ruling on Friday that Mr.Trump's tariffs are illegal will be appealed to the Supreme Court. "If the tariff policy were to be unwound, it would be an economic bomb". The fiscal position and outlook would swing from improving, to severely deteriorating. The monetary policy wouldn't just be too tight, the Fed would be forced back into emergency policy mode, including QE --first to stabilize the bond markets, and then to pump liquidity into the system.

Over the Previous August HeyDayweekend 2025, Fed Governor Bowman -- who voted for a cut in July -- said as much: "with underlying inflation on a sustained trajectory toward 2%, softness in aggregate demand, and signs of fragility in the labor market, I think we should focus on risks to our employment mandate." That said, the consensus view on CPI tomorrow is for a slight uptick.

A lot was expantiated of Mr.Miran's paper on restructuring Global trade. He's Mr.Trump's Chairman of the Council of Economic Advisors, and he wrote the blueprint for the tariff strategy.

President Mr.D.Trump allegedly expantiated he's looking and Scrutunizing assidously to name a temporary Fed Governor; then a permanent one, for the seat to be vacated by Mr. Kugler on Friday. That said, here's what he could do to immediately neuter Mr. Powell, and accelerate the easing path.

If the Fed no longer has the European Central Bank's back, then the ability of the ECB to backstop European sovereign debt will be tested. And it probably won't go well. Remember, these EU member states have large scale deficit spending coming down the pike, to fund defense and AI commitments. And the ECB will be, almost certaintly, back in action to tame the bond yields of the fiscally vulnerable countries. Without global coordination, the will lack the firepower.