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video Steven Blitz is a veteran Federal Reserve watcher and chief U.S. economist at Global Data TS Lombard, where he specializes in macroeconomic analysis and alternative investments. Now, as Steve joins me to dissect the June jobs report, where the payroll rise was a much weaker than expected, 57,000 workers, he still forecasts an eventual Fed rate hike ...

As the U.S. celebrates its 250th birthday, here are eight economic reasons to light up the sky. Sturdy economy: Growing 2.7% in the past year to Q1, U.S. real GDP is not only the strongest since 2024, it is also vastly outperforming its long-run potential and every other G7 nation. Accelerating productivity: Underpinning both near- and long-term economic ...

June's gain of 57,000 jobs failed to meet economists' expectations, with payroll growth cooling after months of growth. Still, the labor market appeared to be on steady footing, with the unemployment rate sliding to 4.2%. But look under the hood of Thursday's jobs report, and there's some evidence that this remains a tough — or at least weird — labor market ...

In recent months, the French economy has displayed a degree of duality. While weak household sentiment has weighed on the services sector and domestic demand, industry has performed much better, supported by strong external demand and a highly favourable sectoral mix. However, the data released today suggests that the main engine of the French economy is ...

NAGEL SAYS GERMANY TOOK VERY IMPORTANT STEP FOWARD ON REFORMS NAGEL: RECENT RETREAT OF ENERGY PRICES A SURPRISE, SITUATION STILL VOLATILE NAGEL SAYS ECB SHOULD BE VIGILANT, KEEP OPTIONALITY

ECB’s Makhlouf: The ECB has the absolute will to deliver 2% inflation.

The United States has warned Poland that Russia may stage a limited armed provocation on Polish territory in an effort to test NATO's response and weaken Western support for Ukraine, The Telegraph reported Friday. Washington has issued several warnings to Warsaw about possible Russian plans, according to sources close to Polish President Karol Nawrocki who ...

The European Central Bank’s Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics. Lagarde, whose term as ECB President ends in October 2027, told French newspaper Les Echos an early departure is “possible” ahead of the country’s presidential elections that year. “I think a European voice ...

*BANK OF FRANCE CHIEF MOULIN SPEAKS WITH BLOOMBERG TELEVISION *MOULIN: INFLATION READING WILL MAKE OUR JOB EASIER *MOULIN: WE HAD GOOD NEWS ABOUT OIL *ECB'S MOULIN: WE'RE IN A GOOD POSITION *ECB'S MOULIN: BALANCE OF RISK IS IN THE RIGHT PLACE *ECB'S MOULIN: JUNE HIKE WAS THE… ECB's Moulin: Don't expect a sharp increase in growth in Q2

European Council's Costa: The EU will approve the savings and investment union this year EU's Costa: The next EU budget will double investment in research EU's Costa: Need to approve EU budget by the end of this year