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President has put recovery at centre of re-election bid but Americans are not buying it
...“There was worry in the market that this was going to be hotter than expected, but it didn’t materialise.”...
...“It’s surprising that we haven’t seen more of a negative reaction,” said Tim Murray at T Rowe Price, an asset manager....
...Jess Woodward-Jones Yeah, we have. Not as many as the younger generations, but I don’t see why it wouldn’t work for older generations....
...“When we do get that confidence, and we’re not far from it, it will be appropriate to dial back the level of restriction so that we don’t drive the economy into recession.”...
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...“There was an opportunity at this meeting for the Fed to push back [against a June cut] and they didn’t.”...
...That message was echoed by JD Vance, a Republican US senator and Trump supporter, who said that “the problem is that America doesn’t produce enough weapons, Europe doesn’t make enough weapons, and that’s...
...“And the money that it spends isn’t really being spent well on its citizens, even though it’s supposed to be.”...
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...“And when we do get that confidence, and we’re not far from it, it will be appropriate to dial back the level of restriction so that we don’t drive the economy into recession.”...
...We don’t know if this is a bump in the road or something more,” the Fed chair said, adding that he did not think recent readings had “really changed the overall story” of price pressures easing to 2 per...
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