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US Federal Reserve Chairman Jerome Powell spoke during a press conference after a two-day meeting of the Federal Policy Policy Policy in Washington, Columbia District, May 7, 2025.
Kevin Lamark | Reuters
When the open market federal committee met in March, US President Donald Trump still had to unleash his so -called “return” tariffs.
But the Fed’s politicians were already under the impact of trade barriers. In Conclusion of this meetingFOMC reduced its economic forecast for the US and went into inflation projection. Fed Chairman Jerome Powell said “a good part of the” reduction forecast “goes from the tariffs.”
April 2 Trump stunned even the most pessimistic for observers when he spent in water with a list of higher than expected tariffs in many countries. Despite the fact that Trump has stopped them since then, the Fed seems to be working on (very uncertain) assumptions, Trump can restore these levies at any time.
At the last FOMC meeting, which ended on Wednesday, Powell no longer pulled the blows in his press conference after the meeting, as it was in March. This time he is responsible for Trump’s tariffs, saying that they can “cause” hotter inflation, slower economic growth and higher unemployment – recipes for the script.
So far, this is the most clear warning from the American body about the tariffs to the detriment. However given that Trump is not expressed only frustration with the PowellBut also said on Wednesday he wouldn’t have considered a decrease in the tariff by 145% In China, to start trade negotiations with the country, Trump is unlikely to listen to the Fed caution.
Fed has tariffs and warns about the decline
US Federal Reserve on Wednesday retained its key interest rate stable In the range of 4.25%-4.5%, where it has been since December. In his press conference after the Fed meeting, Jerome Powell said that the “mutual” tariffs of Trump were “much greater than expected” and “most likely would lead to increased inflation, slowdown in economic growth and” Increased unemployment“
Trading Between Britain and USA: New York Times
Britain intends to sign a trade agreement with the USaccording to The New York Times. In the report comes after Trump stated on Wednesday night what would happen Briefing about trading transaction the day, without revealing any details. When this transaction is experiencing, Britain will become the first country to be compacted after Trump introduced tariffs for imports in April, but it is unclear whether both countries will sign a refined deal or the basis for an agreement, NYT reports.
Indexes for jumps with stocks
American shares grew on Wednesday. A S&P 500 added 0.43%, Dow Jones Industrial Medium scored 0.7% by increasing 10.8% jump Dysne stock and Nasdaq Composite rose by 0.27% on Nvidia stocks grow. Asian-Pacific markets rose on Thursday. Hong Kong Hang the Index Rose is approximately 0.6% as the Chinese Bubble Tea Deanea Jenny brand raised 75% on the first day of the city’s exchange.
White House for Simplifying Rules Export chips
Nvidia The stock jumped by 3.1%when the Trump administration was prepared Understand what is known as the “AI diffusion rule”. The rule offered by Biden’s administration disassembles the countries to three different levels that have different restrictions on whether advanced artificial intelligence chips such as Nvidia and Extended micro -device can be sent to a country without a license.
AI can replace search engines: Apple
Alphabet shares decreased by 7.5%and in Apple Once the Apple’s chief said he believes he believes that he believes AI search engines will eventually replace standard For example, Google, According to Bloomberg. Separately Apple asks in court permission Restart the charge of the commission In addition to payment operations, adding that the ban would cost “significant sums”.
(Pro) How to play “very big ad” Trump “
On Tuesday, Trump revealed during A meeting of the Oval Office office with Prime Minister of Canada Mark Karni What he plans to do “a very, very big announcement” before the trip to the Middle East next week. Thats what Jpmorgan advise your customers about how they can Trip.
The Minnie Mouse Balloon for 2024 on Thanksgiving Messi at the parade on the eve of New York, November 27, 2024.
Timofey A. Clair | AFP | Gets the image
Disney proclaims the thematic park and resort Abu -Dhabi
Walt Disney Co. announced on Wednesday The fact that it has reached an agreement with the exciting purpose and experience of Miral to bring the park and refer to the Jas Island in the United Arab Emirates.
It will be the seventh Disney Park, and it will be fully developed and built by the world. Present Disney’s Imaginers will lead to creative design and surveillance. The giant entertainment will not invest capital in the project, but will get the benefits of fees.
In recent years, Disney has slowly entered the UAE, adding trading and touring shows such as “The King Lion” and “Disney on the ice”. Disney noted that about a third of the world’s population lives in a four -hour UAE flight and that there is about 500 million visitors in the region.