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🇺🇸 The US consumer is still spending but increasingly, that consumer is the top 10% 🚨 📊 At the aggregate level, consumer spending can look resilient and even strong but underneath the surface, the composition of that spending has changed materially. The top 10% of US earners https://t.co/WOLGz145n4 #ConsumerSpending #Top10Percent #USEconomy #US

🇪🇺 🇺🇸 🇨🇳 As I already discussed on my side, Bloomberg Economics also highlighted that the increase in U.S. tariffs following President Donald Trump’s return to the White House has affected the euro area in two main ways ⚠ ➡ Following an initial front-loaded surge in exports, https://t.co/8YdrggEeGV #TradeWar #USEconomy #Eurozone #EU #US #CN

Kansas City Federal Reserve President Jeffrey Schmid highlighted inflation as the primary risk to the resilient U.S. economy, noting that while inflation has decreased from its peak, it remains too high, and indicated his support for maintaining current interest rates amid ongoing economic challenges and uncertainty. #Inflation #USEconomy #EconomicGrowth #US #IL #IR

Amid rising inflation and economic pressures in the U.S., President Trump meets with Chinese leader Xi Jinping to discuss trade and other global issues, emphasizing his independence from Chinese assistance in matters like the Iran conflict, while his domestic approval ratings struggle. #USEconomy #TradeRelations #Inflation #US #CN #IR #TW

Kansas City Federal Reserve President Jeffrey Schmid highlighted that inflation remains the biggest risk to the U.S. economy, which has shown significant resilience despite various challenges, and emphasized the need for continued vigilance around inflation that remains above target levels. #Inflation #USEconomy #EconomicGrowth #US #IL #IR

Kansas City Federal Reserve President Jeffrey Schmid emphasized that inflation remains the most significant risk to the resilient U.S. economy, despite stable job markets and economic growth, as high inflation persists above the Fed's 2% target amid ongoing geopolitical challenges. #Inflation #USEconomy #EconomicGrowth #US #IL #IR

During a summit in Beijing, U.S. President Donald Trump emphasized that he does not require Chinese assistance to manage the Iran conflict or address rising energy prices, while domestic economic pressures increase amid soaring inflation and weakening approval ratings, which may heighten his reliance on maintaining a fragile trade truce with China. #USEconomy #TradeTalks #GlobalInflation #US #CN #IR

Kansas City Federal Reserve President Jeffrey Schmid emphasized that inflation remains the biggest risk to the resilient U.S. economy, despite stable job market conditions and optimistic GDP growth, indicating that he aligns with the Fed's hawkish stance against rate cuts until inflation, currently above the target rate, is fully addressed. #Inflation #USEconomy #EconomicResilience #US #IL #IR

As President Trump meets with Chinese leader Xi Jinping amidst growing economic pressures in the U.S., he downplays the impact of ongoing conflicts like the Iran war on American consumers, while seeking to maintain a fragile trade truce and negotiate the sale of more U.S. products to China despite domestic challenges and inflationary concerns. #USEconomy #TradeRelations #Inflation #US #CN #IR #TW

Amidst rising inflation and economic pressures in the U.S., President Donald Trump meets with Chinese leader Xi Jinping, emphasizing the U.S.'s independence in foreign policy while navigating the complexities of trade relations and domestic approval challenges ahead of the midterm elections. #USEconomy #ChinaRelations #GlobalTrade #US #CN #IR #TW

Kansas City Federal Reserve President Jeffrey Schmid highlighted inflation as the primary risk to the resilient U.S. economy, noting that despite challenges and a stable job market, inflation remains above target levels, reflecting ongoing pressures on consumer spending and business costs. #Inflation #USEconomy #EconomicResilience #US #IL #IR

U.S. President Donald Trump, amidst visible economic strains, meets with Chinese leader Xi Jinping in Beijing to discuss trade relations and broader geopolitical issues, asserting that he does not need China's assistance to address conflicts like the Iran war, despite rising inflation and economic pressures at home. #USEconomy #TradeRelations #Inflation #US #CN #IR #TW

Kansas City Federal Reserve President Jeffrey Schmid highlighted that while the U.S. economy demonstrates remarkable resilience and a stable job market, inflation remains the largest risk, persisting above target despite recent moderation, with geopolitical factors contributing to heightened costs and uncertainty. #Inflation #USEconomy #EconomicResilience #US #IL #IR

During a summit in Beijing, U.S. President Donald Trump emphasized his independence from Chinese assistance in foreign conflicts, even as tensions in the U.S. economy due to rising inflation and production costs become increasingly evident, highlighting the fragile nature of U.S.-China trade relations amid domestic challenges ahead of the midterm elections. #USEconomy #ChinaTrade #Inflation #US #CN #IR #TW

Kansas City Federal Reserve President Jeffrey Schmid emphasized that inflation remains the biggest risk to the resilient U.S. economy, despite stable job markets and positive GDP growth, indicating reluctance to cut interest rates as inflation persists above the Fed's 2% target. #Inflation #USEconomy #EconomicResilience #US #IL #IR