11th July 2024

  • Powell Not Prepared Yet to Say He’s Confident About Inflation

Fed chief says ‘quite a lot of progress’ made on balance sheet

Powell returns to Capitol Hill for second day of testimony

https://blinks.bloomberg.com/news/stories/SGEYWYT0AFB4

  • US Inflation Data to Bolster Case for Fed Rate Cut in September

Core gauge seen posting smallest two-month rise since August

Rents, used cars and auto insurance are key items to watch

https://blinks.bloomberg.com/news/stories/SGBEV5T0G1KW

  • Pressure on Biden Mounts as Senate Democrat Calls for New Ticket

Vermont’s Peter Welch first to call on Biden to withdraw

Schumer open to replacing Biden as nominee, Axios reports

https://blinks.bloomberg.com/news/stories/SGFN12T1UM0W

  • NATO Allies Gloomy on Biden’s Prospects Seek Out Trump Circle

Diplomats see Biden’s reelection chances fading after debate

Some looking for the bright side of possible Trump victory

https://blinks.bloomberg.com/news/stories/SGEVDWT0G1KW

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