Stock Ticker

Trump: There is a 5-50 chance of a deal with the EU. Powell may be ready to cut rates

Pres. Trump is speaking and says:

  • There is a 50-50 chance of a deal with the EU
  • I got the impression that Powell may be ready to lower rates
  • Most deals will be done by August 1
  • We have the confines of a deal with China
  • On Canada, could just be a tariff, not a negotiation.
  • Some of the deals will be down by letter

The Fed earlier today released a statement saying they appreciated the visit from the president in so many words. Pres. Trump has also seemed to have dialed down his criticism after the meeting.

Other comments:

  • On the US dollar, will never say I want a weak currency
  • On Hamas, I think they are going to be “hunted down”

This article was written by Greg Michalowski at investinglive.com.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Liverpool defender left out of World Cup squad

Madonna Covering Rent For Musicians Working At Her Old NYC Rehearsal Space

Up 16.5%! Here’s why Hollywood Bowl stock smashed the FTSE 250 today

Trump says Iran would not get sanctions relief in exchange for giving up enriched uranium