Pascale’s Perspective

Dateline Washington: 2025 Federal Budget Bill Signed into Law; Solid 10-Year Treasury Auction; Pressure on Powell to Lower Rates; Fed Chair in Waiting?; Tariff Scope and Expected Effects in Flux

California CEQA Changes – “Game Changer” for Housing

Summer Calendar: Tariff Deadlines, Debt Ceiling, Budget Drama, and Jobs Market Fed Meetings

Consumers “On Edge” as Stock Markets Rally on Tariff Pause Optimism, Fed “Waits for Greater Clarity,” CPI/PPI Dovish (For Now), Moody’s Downgrades U.S. Debt   

Fed Official Talks Rate Cut, Tarriff Pause Uncertainty, Economic Headwinds (?)  

Tariff Volatility Cools During 90-Day ‘Pause’; Powell Refuses to Confirm ‘Fed Put’

Tariffs Announced, Stocks Crash, Bond Yields Drop, Risk Spreads Widen: Is the ‘Fed Put’ in Play?

“Cooler than Expected” CPI and “Dovish” Fed Speak Drive Yields Down  

“Very Hot” Jobs Report Upends Rate Cut Expectations, 10-Year Treasury Spikes to 4.78%