NEC Director Hassett says they got inflation way down from the Biden-era, via CNBC; Should expect slightly lower job numbers but it should not trigger panic
The remark from NEC Director Hassett suggests a decrease in inflation since the Biden administration, which may imply some improvement in the economic outlook.
UK Labour MP Sarwar is reportedly expected to directly call for PM Starmer to resign, BBC's Eardley reports. Press conference with Sarwar expected at 14:30GMT.
Alphabet (GOOGL) is reportedly looking to raise around USD 15bln from its USD bond sale
NEC Director Hassett says they got inflation way down from the Biden-era, via CNBC; Should expect slightly lower job numbers but it should not trigger panic
[CALENDAR ADDITION] US President Trump to participate in a TV interview at 15:00EST / 20:00GMT
US BROKER MOVES: ORCL upgraded at DA Davidson; LI downgraded at JPM
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However, the expectation of slightly lower job numbers should be viewed with caution; while it appears non-alarming, it can still play a role in shaping market perceptions around growth and Federal Reserve policy actions. Overall, this statement points to a complex economic landscape that traders should navigate thoughtfully.
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