Federal Reserve Chairman Jerome Powell speaks during a press conference in the wake of the Federal Open Market Committee meeting at the Federal Reserve Building in William McChani Martin Junior on May 7, 2025 in Washington, DC.
Andrew Harnik Gety pictures
When the Federal Open Market Committee met in March, US President Donald Trump did not launch after the so -called “mutual” definitions in the world.
But the federal reserve policy makers were already preparing for the impact of commercial barriers. in The conclusion of this meetingFOMC reduced its economic forecast for the United States and raised the dropping of inflation. Federal Reserve Chairman Jerome Powell said that a “good part” of the increasing expectations “comes from the definitions.”
On April 2, Trump surprised even the most pessimistic of market monitors when it was I held the council high With a list of the upper tariffs expected in many countries. Although Trump has been stopped since then, it seems that the Federal Reserve is working on the assumption (very uncertain) that Trump can restore those drawings that revolve around the eye at any moment.
At the last meeting of FOMC, which ended on Wednesday, Powell has no longer pulled punches at his press conference after the investigation, as he did in March. This time, he was directly responsible for the Trump tariff, saying it is “likely” to cause more heated inflation, slow economic growth and high unemployment – recipes for recession.
To date, this is the clearest warning from an American authority about the tariff that can be achieved. However, given that Trump did not do He just expressed his frustration with PowellBut he also said on Wednesday You will not think about reducing a 145 % tariff China must start trade negotiations with the country, Trump is unlikely to see the Federal Reserve.
What you need to know today
The Federal Reserve holds prices and warning against shrinkage
US Federal Reserve on Wednesday Keep the main interest rate fixed In a range ranging between 4.25 % -4.5 %, where it has been since December. At his press conference after the Federal Reserve meeting, President Jerome Powell said that Trump’s “mutual” definitions were “much greater than expected”, and “may generate an increase in inflation, slow economic growth, and An increase in unemployment“
Arrows of the buoy leaps of the indexes of the United States
American stocks rose on Wednesday. the S & P 500 He added 0.43 %, and Dow Jon’s industrial average It gained 0.7 %, with a 10.8 % jump in Disney Arrows, and Nasdak 0.27 % increased. Regional Europe Stoxx 600 index 0.54 % decreased. Retail shares decreased by 2.2 % on news that sales decreased by 0.1 % a month in both the euro and the European Union in March, according to the initial data from Eurostat.
The White House to simplify the rules of exporting the chip
Nafidia The shares jumped by 3.1 % with the Trump administration’s willingness to Cancel what is known as “the base of the spread of artificial intelligence”. The rule, which was proposed by the Biden Administration, sends countries to three different levels, all of which have different restrictions on whether advanced artificial intelligence chips like those made by NVIDIA and Advanced small devices It could be It was shipped to the country without a license.
Artificial intelligence can replace search engines: Apple
alphabet The shares decreased by 7.5 % apple He decreased by 1.1 % after Eddy Cue, head of Apple Services, said he believed that artificial intelligence search engines According to Bloomberg. My grandfather said he expects to add artificial intelligence services from Openai, confusion and anthropology. Search options for Apple Safari browser In the future, according to the report.
The arm gives weak guidance
shares arm More than 11 % decreased in trading extending after the release of a chip company Weaker instructions than expected for the current quarter. Arrow’s profits are expected to range between 30 cents and 38 cents, less than 42 cents. The average range of ARM’s revenues also exceeds estimates, according to LSEG. ARM beat expectations for the fourth fiscal quarter.
(Pro) How to play a “very big advertisement” for Trump
On Tuesday, Trump revealed during The Oval Office meeting with Canadian Prime Minister Mark Carne He plans to issue a “very big advertisement” before his trip to the Middle East next week. This is what Jpmorgan Its customers advise how they are able Ride these possible background winds of the market.
Finally …
Disney Mini Mouse Balloon was equipped during the 2024 Thanksgiving Day at the Eve in New York, November 27, 2024.
Timothy a. Clary AFP | Gety pictures
Disney announces a park and a resort in Abu Dhabi
Walt Disney Company Advertise Wednesday You have reached an agreement with MIMERSIVEDASITIAL TB to bring a garden and resort to Yas Island in the United Arab Emirates.
This will be the Seventh Disney Resort for Parks and will be fully developed by Miral. Disney will lead to imagine the creative design and operational supervision of the project. The entertainment giant will not invest the capital in the project, but it will gain the benefits of royalties.
Disney has slowly entered the United Arab Emirates in recent years, adding retail sites and a tour of entertainment offers such as “The Lion King” and “Disney on ICE”. Disney pointed out that about a third of the world’s population lives within four hours from the United Arab Emirates and that the region has a cantable tourism market of about 500 million visitors.
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