US NEC Director Hassett says he still sees 4-5% economic growth this year, despite the war
Director Hassett's indication of 4-5% economic growth this year, despite geopolitical tensions, suggests resilience in the US economy.
Senior Iranian sources says under the ceasefire agreement, Iran will allow no more than 15 ships per day through the Strait of Hormuz, Tass reports; Iran demands imply the unfreezing of Iranian assets by the US within two weeks
US NEC Director Hassett says he expects the Warsh hearing to go ahead next week; rates should be lower; confident that Warsh will start as Fed Chair on May 15
US NEC Director Hassett says he still sees 4-5% economic growth this year, despite the war
Iraq’s North Oil Company says Kirkuk’s K1 station received its first crude shipment from Basra, state news agency reports
US President Trump to attend memecoin conference later this month, Politico reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Hopes the reconciliation bill will be done by June, and will look at the second reconciliation in the fall.
This optimistic outlook could influence market sentiment and expectations around fiscal policy, especially if the reconciliation bill progresses as anticipated, potentially supporting further economic recovery.
Related headlines
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 51%6 days ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners55 min ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd11 hours ago
- European Commission signalled greater willingness to consider large corporate mergers, with top competition official Whelan noting that deals which help companies scale up and innovate will get a closer hearing, according to FT1 day ago
- Japanese Finance Minister Katayama says will bolster efforts to secure funding for consumption tax cut on food, adds will communicate fully with markets and public to gain credibility in our fiscal policy1 day ago
- China unveils a plan to strengthen rural investment and will boost rural revitalization investments to boost agricultural productivity, while it will enhance bond and credit support for qualified agricultural initiatives2 days ago
- UK recruiters saw hiring pick up for the first time in four years in August, according to FT citing a survey by KPMG and the Recruitment and Employment Confederation2 days ago
- US Treasury Secretary Bessent says that jobs data show that economy is not just being driven by the AI boom4 days ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA5 days ago
- Newsquawk Daily European Opening News - 4th September 20265 days ago
- European defence officials are pushing back against EU attempts to cut reliance on US tech giants and warned the move could leave Europe with inferior systems, greater cyber risks and problems in co-ordinating with NATO allies, according to FT5 days ago
- Spain wants the EU to tax oil and gas company profits to fund measures to adapt to climate change, according to FT5 days ago
- Japan's Finance Minister Katayama says interest rates move determined by various factors on markets, adds will control FY bond issuance properly and FY27 budget requests total about JPY 143tln and don't represent a large increase5 days ago
- Japanese Chief Cabinet Secretary Kihara says Japan will support environment for SME wage increases and will handle China ties with national interest in mind5 days ago
- US President Trump posts on Truth Social a request from Senator Grassley for Trump to help US farmers like he did for consumers of pharmaceutical products5 days ago
- Japan's top FX diplomat Mimura affirms always in contact with US authorities and continues to be ready on FX, adds there's no change in fighting stance on FX5 days ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"5 days ago
- Canadian PM Carney says Canada is ready to sit down and strike a deal with the US when Washington is ready5 days ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat5 days ago
- Germany's IFW lifted its 2026 GDP forecast to 1.3% (prev. saw 0.8%), citing acceleration in economic activity and improving business confidence; sees 2027 GDP at 1% (prev. saw 1%) and 0.5% in 20286 days ago
The whole workspace, free to try.
Try it free