EUR/USD

Gregory Daco, chief economist at EY-Parthenon, says he thinks the Federal Reserve won't move on interests rates for the rest of this year. Daco talks about what he wants to see from the new Chairman Kevin Warsh. Daco speaks on "Bloomberg Surveillance."

We’re back to reading tea leaves! Hooray! Next week the Federal Reserve will have its second meeting since Kevin Warsh officially took the helm. And, at this point, the outcome is far from certain, which is unusual given that ever since Ben Bernanke instituted “forward guidance” the market usually knew what to expect. Warsh does not think “forward guidance” ...

President Trump announced a 10% "global tariff" just hours after the Supreme Court struck down his blanket tariffs in February. But that stopgap maneuver under Section 122 of the Trade Act of 1974 came with the authority to levy duties for 150 days. That clock is set to run out. Absent a move by Congress to extend the tariffs — which is highly unlikely — ...

Thank you to our Great Speaker, Mike Johnson, the House Budget Chairman, Jodey Arrington, and the members of the House Budget Committee, including Lloyd Smucker, Ron Estes, Andrew Clyde, Josh Brecheen, Erin Houchin, Mike Carey, Blake Moore, Jay Obernolte, Tom McClintock, and many others, for launching an effort to get AS MUCH of THE SAVE AMERICA ACT as possible in a Budget Bill, along with aid to our incredible Farmers, and funding for our Military. We need Voter Photo ID (Identification!), Proof of Citizenship and, hopefully, No Corrupt Mail In Ballots (except for illness, disability, Military, or travel). I am asking all House Republicans to VOTE YES this week on the Budget Resolution, which is an important first step towards getting a Budget Bill. House Republicans must UNIFY, and fight for THE SAVE AMERICA ACT! President DONALD J. TRUMP

The Conference Board Leading Economic Index® (LEI) for the US declined by 0.2% in June 2026 to 99.1 (2016=100), following a 0.1% increase in May. However, the LEI is down by only 0.3% over the first half of 2026, a much smaller rate of decline than its 1.1% contraction over the second half of 2025. "In June, the Leading Economic Index (LEI) for the US ...

Uk Pm Burnham: We Will Introduce A New Political Model And A New Economic Model Andy Burnham says he is 'acutely conscious' that he is the sixth person in the last 10 years to walk up this street, the seventh prime minister since 2016 He says it's a moment for reflection and new resolution. 'It requires my generation of politicians to raise their game. Britain needs to show the world that we can regain our stability again. That is our challenge. 'People at home are fed up with politics. I will be honest with you. We have not been good enough. We will make this moment a circuit breaker for Britain bringing forward the biggest changes for 40 years 'In the 1980s Britain took some wrong turns. Pol... Andy Burnham says he will start unveiling immediate measures to help with the cost of living tomorrow, including how they will be paid for He says that his first instruction on entering No 10 will be a pledge to end rough sleeping He says he will unveil a 10-year plan for Britain later this year UK PM Burnham: Will Bring Forward New 10Y Plan -To Honour Defense Commitments, Meet Fiscal Rules -Will Set Out Cost Of Living Measure From Tomorrow; Measure Will Be Costed -Will Build New Council Homes -Put Essentials Back Under Stronger Public Control -I Will Make Clear To Zelenskiy Today There Will Be No Change In Support For Ukraine

The biggest, brashest World Cup on record drew to a close Sunday, as Spain defeated Argentina 1-0 in extra time to claim international football’s biggest prize. Barcelona forward Ferran Torres scored the only goal of what was ultimately a disappointing final, securing Spain’s second World Cup title as Argentina were reduced to 10 men after Enzo Fernández ...

To anyone who follows European politics, Britain’s new prime minister is an instantly recognizable political creature. But he is unusual for a British, especially a Labour politician. He has learned to speak passable Spanish and Frankie, his university sweetheart turned wife, is Dutch and speaks fluent French. This stands in stark contrast to Britain’s ...

The producer prices of industrial products were 1.8% higher in June 2026 than in June 2025. The Federal Statistical Office (Destatis) also reports that producer prices in June 2026 were down 0.3% on May 2026.The increase in producer prices compared with the same month of the previous year was primarily due to higher prices of intermediate goods (+5.1%). The ...

F/m Investments’ Washington, D.C., office is just a short drive from the Federal Reserve’s headquarters. But under the central bank’s new leadership, CEO Alexander Morris has found the distance feeling far greater. Fed Chairman Kevin Warsh embarked on an overhaul of the central bank’s forward-looking communication since taking the post in May. That move ...