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Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
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.
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?
As the U.S. labor market shows mixed signals, pressure mounts on Jerome Powell to reconsider interest rate cuts. With job growth slowing and Trump demanding action, what’s next for the economy?
The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
In a surprising twist, the Trump administration and China have agreed to scale back tariffs as they seek to negotiate a ceasefire in their escalating trade war. This move could reshape the global economy and impact consumers in unprecedented ways.
U.S. President Trump's unexpected tariffs could spark stagflation, warns Fed Chair Powell. With inflation rising and economic growth slowing, the market braces for potential turmoil. Learn how this impacts the economy and stock market.
Stock futures remained steady as the Federal Reserve kept interest rates unchanged amidst rising inflation and unemployment risks. Fed Chair Powell warned of economic uncertainty, leaving investors anxious about a potential recession.
The April jobs report is poised to reveal how President Trump's recent tariff announcements are impacting the U.S. economy. Will we see strong job growth or signs of a looming recession?
