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Fed Governor Jefferson delivered his most hawkish speech since 2023, according to commentary shared by Joe Weisenthal and citing Fedlock.
The statement highlights a notable shift in tone from Jefferson compared to his previous public remarks since 2023, suggesting a firmer stance on monetary policy.
Weisenthal has previously noted sharp moves in other markets. He reported that Donald Trump Jr. invested in a rare earths startup at $200 million, with U.S. government backing pushing its value to $2 billion. In a separate commentary, Weisenthal highlighted that the urea to corn ratio was nearing its worst point since post-Covid inflation.