1. The Gulf of Mexico will be renamed the Gulf of America and the Panama Canal will be reclaimed. 2. The Cabinet will be directed to combat record inflation and declare a national energy emergency to combat it. 3. The External Revenue Service will be established to be responsible for collecting tariffs and taxes on foreign countries. 4. A national emergency will be declared at the southern border of the United States. All illegal entry will be stopped. The "Stay in Mexico" policy will be resumed...
On August 1st, according to CME "Federal Reserve Watch": The probability that the Federal Reserve will maintain interest rates unchanged at this meeting is 97.9%, and the probability of reducing interest rates by 25 basis points is 2.1%. The probability that the Federal Reserve will maintain interest rates unchanged in September is 0%, the probability of reducing interest rates by 25 basis points is 89.6%, the probability of reducing interest rates by 50 basis points is 10.2%, and the probabilit...
1. Statement Overview: Agreed to cut interest rates by 25 basis points to 4.5%, the second consecutive rate cut. There is growing confidence in the factors driving the consumer price index back down to 2%. A balance needs to be found between upside risks to inflation and the backdrop of economic weakness. 2. Interest Rate Outlook: Bank of Canada Governor Macklum reiterated that if inflation continues to slow, further interest rate cuts are more likely. The divergence between Canada and the Feder...