Tariffs brought us to different terms at the tariffs

US Federal Reserve Chairman Jerome Powell testifies to the Banking Committee, Housing and Urban Affairs, on the Capitolian Hill on June 25, 2025 in Washington, Columbia, US

Kent Nishimura | Getty Images | Gets the image

This is what you can most hurt. A sweet childhood that moved to another country. Early opportunity to invest in a company that develops graphic chips for games. Lower interest rates if not for tariffs.

On Tuesday, the chairman of the US Federal Reserve Jerome Powell confirmed that tariffs – and, in particular, their unexpectedly large “size” – are the main reason if the Central Bank did not reduce the rates this year because it is the last Cut them in December.

Imagine this. We could live in a world where the Fed rate is 4% to 4.25%. If the inflation remained obediently below 2% Fed target, the range could even be 3.75% to 4%, given that the Central Bank was preserved last year Projection of two rate declines in 2025.

The thought gives. But it may help think that if US President Donald Trump didn’t hit the fares on partners and penguinsHis other policies can similarly push inflation forecasts above.

Remember how all three major US indices has escaped and struck new records About the victory in Trump’s elections, because Wall -Ratit was waiting for taxes and more free corporate regulation. Without the weakened tariff effect, economic optimism can spread into riches and higher inflation.

It is better to reproduce the cards we dealt with than to break into imaginary futures.

What do you need to know today

Tariffs support high interest rates. The chairman of the federal reserve system Jerome Powell said the Central Bank would have Reduced rates this year If not tariffs for Trump, which caused inflation “substantially”.

The S&P 500 drops from the record. On Tuesday, Index slipped on 0.11%. Tesla Stock collapsed after Trump suggested DOGE Take a look at the company’s subsidies. Asian-Pacific markets mostly fell on WednesdayBut Singapore’s shares have reached record.

Xpeng supports stable sales in June. Running electric vehicles put 34 611 cars, eighth in a row 30,000 level violations. Bake Remained a leader on the market, Delivery is over 10 times Number of vehicles XPeng did.

Megabil Trump breaks through the Senate. Vice President J. D. Vens expressed the final and violating vote that sends the bill Return to the US House for approval. Although the bill will increase the deficit, some banks think it will be Give the American economy shot in hand.

(Pro) Hedge -Fund is betting on the Swiss franc. This step is part of the “trade” strategy in which investors borrow in currency with a lower interest rate – franc, in this case – Buy currency with a higher rate And in the pocket the difference.

And finally …

Soldiers of the Israeli army go along the tower of combat tank.

Jack Gues | AFP | Gets the image

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