Who’s on Trump’s short list to replace Powell
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The euro fell against the dollar and ING said an EU and U.S. trade deal was unlikely to have significant impact on the euro’s direction against the dollar, however, markets might make some short-term adjustments.
"Considerable uncertainty" around timing, size, and duration of tariffs' potential impacts divides Federal Reserve officials.
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central bank’s next steps.
Tariffs have impacted the third-quarter economic outlook, with predictions that they will push gross domestic product forecasts downward.
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GlobalData on MSNUS retail strained by tariff tensions, policy shifts fuelling economic anxietyNational Retail Federation (NRF) chief economist Jack Kleinhenz has warned US tariff turmoil and policy shifts are driving ‘anxiety and confusion’ and causing economic uncertainty.
The Federal Reserve, long known for its careful consensus-building, is now confronting a rare bout of internal disagreement as officials debate how to respond to the economic risks posed by President Trump’s tariffs.
U.S. stock indices fell as uncertainty looms over tariff policies, with Tesla shares dropping after Elon Musk's political announcement. The White House plans new tariffs by August, impacting global trade.
Whether prices will heat up or cool down is the must-watch event for the Federal Reserve and those calling for a July rate cut.
Investment expert Akshat Shrivastava has forecast that stocks and real estate could double over the next two to three years, but warns that inflation may also surge, sharply raising the cost of living.
The dollar has hit a three-and-a-half-year low against the euro as traders anticipate the Federal Reserve will cut interest rates. Reports show U.S. consumer spending fell, the unemployment rate rose,