News list for "summer"
The US Commodity Futures Trading Commission (CFTC) has announced that Commissioner Summer Mersinger will resign.
U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger plans to step down, May 30 is her last day at the CFTC, and will take over as CEO of the Blockchain Association on June 2, TheBlock reported. Summer Mersinger was nominated by former President Joe Biden to serve as a Republican commissioner of the U.S. Commodity Futures Trading Commission (CFTC) and was sworn in in March 2022.
据TheBlock报道，美国商品期货交易委员会(CFTC)委员Summer Mersinger计划辞去职务，5月30日是她在CFTC任职的最后一天，并将于6月2日就任区块链协会首席执行官。Summer Mersinger由前总统乔·拜登提名，担任美国商品期货交易委员会（CFTC）的共和党委员，并于2022年3月宣誓就职。
Goldman Sachs economists are forecasting that fourth-quarter U.S. GDP will grow by just 0.5 percent from the fourth quarter of 2024 as tariffs and policy uncertainty weigh on the economy. Currently, business and consumer surveys are pointing to a slowdown, but official economic data have yet to show that sign. They reasoned that economic indicators could start to show a clearer sign of recession in the middle or late summer. "The evolution of the data in recent weeks is consistent with previous'...
Former US Treasury Secretary Summers said that the Federal Reserve's sudden slowdown in QT indicates that the demand for US bonds has deteriorated, and the Federal Reserve is afraid of a repeat of the British crash crisis. Click to view...
On February 20, local time on February 20, the Russian Central Bank announced the official exchange rate of the ruble against the US dollar. On February 21, the official exchange rate was 88.51 rubles per US dollar, which rose above 90 for the first time since September last year. Since June 13, 2024, affected by sanctions, the Moscow Exchange announced that it would no longer use the US dollar and the euro for foreign exchange and precious metals transactions.
Four years after former US Treasury Secretary Lawrence Summers accused US fiscal and monetary policymakers of over-stimulating and potentially triggering the biggest inflation blowout in a generation, he warned of the danger of renewed price pressures. "This is probably the most sensitive moment for inflation escalation since the policy missteps of 2021 triggered severe inflation," Mr. Summers said. "This is a moment where we have to be very careful about inflation, even before you see the polic...
Summers believes that Trump's tariff policy goes against economic logic and will result in higher prices for producers and consumers...
Former Treasury Secretary Larry Summers said in an interview that Trump's tariffs defy economic logic, meaning higher prices for consumers and much higher input costs for American producers. Summers questioned: Why are we now deciding to wage economic war against Canada, out of so many countries in the world? Canada has a higher minimum wage, a higher basic wage, and more union protections for workers than the United States. I just don't understand the logic of these policies, no doubt,...
Lawrence Summers, who served as Treasury secretary under Bill Clinton, argued that Mr. Trump's public statement that he "wants to see [interest rates] come down significantly" was a public intervention by the government that "could easily backfire and the Fed would not follow its advice". Mr. Summers added: Unless the financial marekt boom collapses, it will be difficult for the Fed to cut interest rates as much as expected. The Fed itself is eager to play down tensions with the White House. Mr....
John Thune, the incoming Senate majority leader, said he hoped to have a comprehensive tax policy package in place by the summer, but acknowledged it would take some time to agree on changes to the complex tax code. Mr. Thune said failure was not an option when it came to taxes. According to Mr. Thune, the complex issues facing the tax reform bill include what benchmarks to use, whether to make the tax cuts permanent and what should be offset.
