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cover of episode Jobless Claims, Nike Next but Tariff Focus Resumes

Jobless Claims, Nike Next but Tariff Focus Resumes

2025/6/26
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio

AI Deep Dive AI Chapters Transcript
People
C
Colette O'Clare
J
Jerome Powell
现任美联储主席,曾任投资银行家和律师,领导美联储应对COVID-19疫情和控制通胀。
L
Lizanne Saunders
Topics
Colette O'Clare: 本周初,中东事件和美联储主席鲍威尔的证词影响了市场走向。今天和明天的数据将是关键。战争担忧减退可能使关税问题重回焦点。我主要关注GDP、失业救济金、PCE数据,以及美光和耐克的财报。 Jerome Powell: 我在参议院银行委员会表示,很难预测关税对通胀的最终影响,以及由谁来承担关税成本。 Lizanne Saunders: 我认为中东新闻暂时转移了人们对关税的关注,但随着贸易协议缺乏进展和7月9日特朗普的关税生效日期临近,关税问题可能再次成为焦点。如果谈判进展顺利,截止日期可能会延长。

Deep Dive

Chapters
This chapter discusses the possibility of a Fed rate cut in July, considering recent economic data and statements from Federal Reserve Chairman Jerome Powell. The impact of tariffs on inflation and the upcoming May PCE data are also discussed.
  • Odds of a July rate cut were 25 percent, compared with 18 percent a week ago.
  • Odds of at least one rate cut by September were 88 percent, up from 64 percent a week ago.
  • Powell sounded cautious about making rate moves without knowing the ultimate impact of tariffs on inflation.

Shownotes Transcript

Nike results and jobless claims, along with GDP, are on tap after Micron reported solid earnings late Wednesday. With Middle East fears receding, tariff concerns could return.

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