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Booth: U.S. & U.K. Deal "First Blueprint" for Tariffs, FOMC Meeting "Disappointing"

Booth: U.S. & U.K. Deal "First Blueprint" for Tariffs, FOMC Meeting "Disappointing"

Schwab Network · Schwab Network

May 8, 20258m 17s

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Show Notes

Danielle DiMartino Booth can see "very heavy" uncertainty clearing with the U.S. and U.K. trade deal. That said, she sees the China picture staying murky, noting Scott Bessent's upcoming meeting with representatives to be "just the beginning" of negotiations. Danielle found the Fed's decision to hold interest rates and Jerome Powell's following commentary "disappointing." She thinks the FOMC is too dismissive on consumer sentiment.


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