Trump’s tariffs hurt the US economy, but markets rise, showing a disconnect between policy concerns and performance.
Trump urges Fed to cut rates, citing tariff impact; US Dollar Index dips, mixed currency performance follows.
The Federal Reserve remains cautious, evaluating stagflation risks, as growth and inflation trends diverge amid policy uncertainties.
AUD/JPY declines to 94.00 amid weak Australian jobs data, steady Chinese rates, and Bank of Japan speculation.
US stocks gained as Powell addressed inflation concerns, but late-session profit-taking led to a slight decline.
Australian Dollar fell as Employment Change dropped; AUD/USD faced resistance, while the People’s Bank of China held rates.
Market anticipates 65 basis points of easing, despite hawkish FOMC outlook, focusing on transitory inflation and growth concerns.
WTI crude rises to $67.20 amid Middle East tensions; US inventories grow, Fed holds rates steady.
Powell favors steady rates, watching inflation trends. Economy strong but growth slows. Cautious Fed approach balances risks.
Stocks rise as S&P and NASDAQ gain; Nvidia, Tesla, and Alphabet climb, with Shopify up 9.56%.
