The Federal Reserve has maintained interest rates for the fourth consecutive meeting, projecting weaker growth and rising inflation this year. Despite this, they anticipate two rate cuts later in 2023 as they navigate economic uncertainty.
The OECD has downgraded its global economic growth forecasts due to President Trump's proposed tariffs, predicting slower growth in the U.S., Canada, and Mexico. How will these changes impact the economy?
Oil prices opened 1% higher as the U.S. vowed to continue military action against Yemen’s Houthis, disrupting global commerce. Analysts predict slower growth in oil demand amid economic concerns.
