US News
LAST UPDATE: July 11, 2025
US weekly jobless claims unexpectedly slip to 7‑week low
Weekly U.S. jobless claims fell to a seven-week low, indicating continued labor market resilience.
Insight
The robust labor data may influence the Fed to maintain elevated interest rates longer to manage inflation.
Fed’s Musalem says could be end of year before clarity on tariff impact on inflation
Fed Governor Musalem said it may take until the end of the year to understand how recent tariffs will affect inflation.
Insight
The Fed is adopting a wait-and-see approach, reflecting its data-dependent policy stance.
Fed’s balance sheet drawdown likely can continue for some time, Waller says
Fed Governor Waller stated the central bank can continue reducing its balance sheet for some time without disrupting markets.
Insight
This supports ongoing quantitative tightening, with implications for liquidity and long-term rates.
JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates
Jamie Dimon warned that financial markets are underestimating the likelihood of further increases in US interest rates—markets price in a 20% chance, but he estimates it closer to 40–50%—citing macro pressures like tariffs, migration, deficits, trade shifts, and demographics (ウォール・ストリート・ジャーナル).
Insight
Dimon’s warning challenges the market consensus and suggests the Fed may need to maintain or raise rates in the face of persistent inflationary pressures.
Trump’s Push for Influence Over Fed Decisions May Hobble Next Chair
The New York Times reports that former President Trump is pushing for greater influence over Federal Reserve decisions—a move that may limit the autonomy of the next Fed Chair.
Insight
Such political interference could weaken the Fed’s independence and erode global confidence in US monetary policy.
Fed Seeks Input on Plan to Revise Bank Supervisory Ratings
The Federal Reserve is seeking public input on proposals to revise its supervisory ratings framework, potentially making it easier for large banks to be deemed “well managed” even with minor deficiencies .
Insight
This shift could alleviate regulatory pressure on banks, affecting capital planning and market confidence in risk management.
Trump birthright citizenship order halted in class-action suit
A US federal judge issued a nationwide injunction against Trump’s executive order ending birthright citizenship, certifying a class-action suit for affected children .
Insight
This ruling reinforces constitutional protections under the 14th Amendment and highlights judicial checks on executive overreach.
