At the NATO summit, Trump declared the Israel-Iran war likely over, attributing the ceasefire to U.S. airstrikes. Meanwhile, economic optimism among business leaders has plummeted amidst ongoing geopolitical tensions.
Federal Reserve officials maintain current interest rates but adjust economic forecasts, predicting potential rate cuts and rising inflation and unemployment in the coming years. What does this mean for the economy?
In a surprising move, the Federal Reserve maintains steady interest rates while hinting at potential cuts later this year. With inflation concerns, economic growth predictions are revised downward, and President Trump calls for action.
The stock market remains resilient despite global uncertainties. Today, all eyes are on the Federal Reserve as Chair Jerome Powell addresses interest rates and economic outlook, potentially reshaping Wall Street's trajectory.
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In a revealing discussion, Euronext CEO Stéphane Boujnah shared insights on market shifts as investors move from U.S. assets to Europe amidst rising trade tensions and tariffs. The impact of Trump's policies is stirring significant changes in the financial landscape.
The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
UK's annual inflation rate increased to 3.5% in April, surpassing expectations. This rise, driven by energy prices and other factors, raises questions about future interest rates and economic stability.
Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
