- Talks are moving along
- More concerned with high quality deals than getting them by 1 August
- We’re not going to rush
- I would imagine they (EU) would want to negotiate faster
- But at least they’ve (EU) become more engaged
- Our priorities are to get the best deal for the US (regarding Japan)
The remarks here suggest that there is every chance that the can might just get kicked down the road again come 1 August. So, we’ll see. At the same time, Bessent also says that “at the end of the day, it is Trump’s decision on Powell”. That before adding they need to examine the entire Fed as an institution. Jokes.
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This article was written by Justin Low at investinglive.com.