Asian shares dipped from record highs as profit-taking set in ahead of significant economic events next week, including Trump's tariff deadline and central bank meetings. Investors are anxious about political shifts in Japan and potential impacts on global markets.
Stock investors reacted sharply to reports that Trump may fire Fed Chair Jerome Powell, causing a nearly 1% decline. Experts warn this could lead to significant shifts in asset strategies and market dynamics.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
As stock futures dip ahead of crucial earnings and inflation data, investors are on edge. With tariffs impacting the market and Nvidia's promise of AI chip sales to China, the tension builds. Will the Fed's patience pay off?
As Trump leverages record stock highs to justify aggressive tariffs, Wall Street faces uncertainty. Will the TACO trade hold, or is a market correction imminent? Discover the latest insights on tariffs and the economy.
U.S. stock futures indicate losses as Trump's new tariffs on Brazilian goods challenge Nvidia's record rally. Analysts discuss the implications for the market's future.
The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
Consumer confidence took a significant hit in June 2025, with sharp declines in both current assessments and future expectations. This downturn raises questions about economic stability and potential recession risks.
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?