Wednesday's News Links

[CNBC] Stocks little changed as traders await key Fed rate outlook: Live updates 

[AP] The Federal Reserve wrestles with how many interest rate cuts to make and how fast

[CNBC] Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture

[Yahoo/Reuters] Fed expected to cut rates, update views of Trump economic plan with new projections

[CNBC] Nvidia CEO says he’s ‘disappointed’ after report China has banned its AI chips

[Reuters] US single-family housing starts, building permits drop in August

[CNBC] Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply

[CNBC] Mortgage rates drop to 3-year low ahead of Fed meeting

[AP] France’s new prime minister faces a bumpy ride with budget challenges and nationwide strikes ahead

[Politico] EU plans more sanctions on China. But will that be enough for Trump?

[CNBC] China keeps tight grip on rare earths, costing at least one company ‘millions of euros’

[Yahoo/Reuters] Japan's exports down in August as automakers grapple with US tariffs

[Bloomberg] Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges

[Bloomberg] China Tech Stocks Surge to 2021 Level as Investors Bet on AI

[NYT] What to Watch at the Federal Reserve’s September Meeting

[NYT] Powell Faces Challenges From Within the Fed, Too

[WSJ] Fed Divisions Thrust Powell Into Uncharted Territory

[WSJ] GOP, Democrats Refuse to Make the First Move on Shutdown Talks

[WSJ] The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains

[WSJ] Fired BLS Chief Breaks Silence, Calls Her Dismissal a ‘Dangerous Step’

[FT] China bans tech companies from buying Nvidia’s AI chips

[FT] Surging US power costs defy Donald Trump’s pledge to halve bills

[FT] Socialists raise the pressure on Macron’s new prime minister

[FT] The scariest bits of the job market

Tuesday Evening Links

[Axios] Free speech fight shifts

[AP] Social media has us in its grip and won’t let go. The Charlie Kirk killing is a case study

[Bloomberg] Japan Faces Tough 20-Year Bond Auction as Political Risk Swirls

[WSJ] Senate Democrats Target Miran’s Dual Fed and White House Roles

[WSJ] Pam Bondi Needs a Free Speech Tutorial

[FT] Fired BLS chief calls Trump’s attack on US data agency a ‘dangerous step’

[FT] Putin’s Polish Drone Incursion and the China Factor

Tuesday Afternoon Links

[Yahoo/Bloomberg] Gold Rises Above $3,700 for First Time on Fed Rate Cut Optimism 

[CNBC] S&P 500 slips from record as investors take some money off the table ahead of Fed decision: Live updates

[Yahoo/Bloomberg] Oil Rises as Traders Weigh Mounting Pressure on Russian Supplies

[AP] Fed convenes meeting with a governor newly appointed by Trump and another he wants to oust

[AP] Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

[Yahoo/Reuters] US manufacturing output unexpectedly rises on rebound in motor vehicle production

[Bloomberg] Miran Takes Fed Oath of Office in Time for Policy Gathering

[Bloomberg] US Homebuilder Sentiment Stays Low Despite Mortgage-Rate Drop

[WSJ] What to Watch at the Strangest Fed Meeting in Years

[WSJ] GOP Plan to Avoid Shutdown Ignores Democrats’ Demands

[WSJ] China’s Message on Nvidia: We Have Leverage Too

[WSJ] Political Violence, Past and Present