Asian stocks are on shaky ground as President Trump considers replacing Fed Chair Jerome Powell, raising concerns about the central bank's independence and market stability. With looming tariffs and inflation fears, investors are on high alert.
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.
The Federal Reserve has decided to keep interest rates steady, citing inflation risks and the impact of trade wars. Discover how this affects your finances and what to expect in the coming months.
In a recent interview, Treasury Secretary Scott Bessent downplayed inflation fears linked to Trump’s tariffs, emphasizing Walmart’s ability to absorb costs. He praised strategic uncertainty in trade negotiations while addressing concerns over rising consumer prices.
In a surprising turn, U.S. consumer prices fell in March amid rising inflation risks fueled by President Trump's tariffs on Chinese goods. How will this affect the economy?
Asian stocks fell sharply as investors reacted to escalating geopolitical tensions and impending US tariffs. With central banks holding rates steady, the market faces rising volatility and uncertainty about economic growth.
Discover how Asian shares soar on optimism surrounding AI advancements, while gold prices hit record highs amid market uncertainties. Find out more about the impact on global markets and key economic indicators.