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Next Week's Macro Outlook: 'Cryptocurrency Week' Ends Perfectly, Powell to Appear Under Pressure
Summary: As the Federal Reserve is about to enter a quiet period, current board member Waller, a leading candidate for the next Fed chair, reiterated support for a 25 basis point rate cut in July, with data showing improved consumer expectations for inflation. Meanwhile, trade tensions between the US and EU continue, with Trump pushing for ...
As the Federal Reserve is about to enter a quiet period, current board member Waller, a leading candidate for the next Fed chair, reiterated support for a 25 basis point rate cut in July, with data showing improved consumer expectations for inflation. Meanwhile, trade tensions between the US and EU continue, with Trump pushing for tariffs of 15%-20% on all EU goods and planning to announce tariff plans for specific industries by August 1st.
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Link: Next Week's Macro Outlook: 'Cryptocurrency Week' Ends Perfectly, Powell to Appear Under Pressure [Copy]
