Eamonn Sheridan

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Central Banks
scissors cut snip 27 August 2025 2
Central Banks

Citadel's Ken Griffin sees just one more Fed cut in 2025 as labor market weakens

  • Ken Griffin expects one, but possibly two, more Fed cuts in 2025 as policymakers shift focus to a cooling labor market. He cited rising unemployment and slower job creation as concerns, while also stressing the importance of Fed independence.
News
inflation
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Japan data - Tokyo area CPI headline +2.5% y/y (vs. prior 2.6%)

  • CPI data for the Tokyo area leads the national data by about three weeks or so.
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Trump Trade Tariffs
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Trump to hit branded or patented pharma with 100% tariffs

  • Trump to hit branded pharma with 100% tariffs ... don't get sick now y'all!
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Tariff Trump
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Trump now slamming kitchens with 50% tariffs! Furniture also 30%

  • "We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products, starting October 1st, 2025. Additionally, we will be charging a 30% Tariff on Upholstered Furniture."
News
Trump Trade Tariffs
News

Trump is slamming trucks with another massive tariff, 25% from October 1

  • Trump: I will be imposing, as of October 1st, 2025, a 25% tariff on all “heavy (big!) trucks” made in other parts of world
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