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Wall Steet Tumbles as Deadlines Loom
Episode 566
Published 1 year, 7 months ago
Description
As the Fed prepares for its much-anticipated meeting, Wall Street opened on a lower note. The Federal Open Market Committee is widely expected to maintain current interest rates. However, the real intrigue lies in the Fed's commentary on the economic turbulence stirred by President Donald Trump's tariff disputes. These trade tensions have escalated into significant conflicts with some of the United States' major trading partners. The primary concern is the potential for 'stagflation'.
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