The Federal Reserve, despite concerns over tariffs, decided to keep interest rates steady at 4.25%-4.5%. Chairman Jerome Powell stressed a cautious approach, emphasizing a ‘wait-and-see’ policy while navigating […]
US Fed Remains Cautious Amid Tariff Uncertainty
The Federal Reserve is approaching economic uncertainty with caution, expressing concerns about the impact of new tariffs and the heightened market volatility witnessed in recent months. Key indicators […]
Federal Reserve Sees Larger Economic Impact from Tariffs
New insights from the Federal Reserve’s meeting minutes reveal a significant impact of tariffs on economic activity, exceeding earlier expectations. According to Odaily, staff members now forecast a […]
Trump Threatens 25% Tariffs on Apple iPhones, Raises Concerns about Supply Chain
President Donald Trump announced his intention to impose a 25% tariff on all iPhones sold in the U.S., unless they are manufactured within the country. The threat follows […]
Tariff Uncertainty Stalls Crypto Momentum After Bitcoin Hits Record High
A looming tariff decision from President Trump has cast a shadow over the cryptocurrency market’s recent gains, causing a brief but significant pullback in prices after Bitcoin broke […]
Citigroup Forecasts Slower Global Growth Due to Rising Tariffs
Citigroup anticipates a slowdown in global economic growth to 2.3% by 2025 due to escalating tariffs. This projection, released as part of their 2025 economic forecast, suggests a […]
Global Economic Growth Predicted to Slow Due to Tariff Impact
Economists at Citigroup predict a slowdown in global economic growth from 2.8% in 2024 to 2.3% in 2025, attributing the deceleration largely to trade tariffs. These economists point […]
US-EU Tariff Deadline Extended, Market Response Calms Amidst Trade Negotiations
The US and EU trade negotiations have reached a critical juncture with the extension of the tariff deadline to July 9, 2025. Following talks between President Trump and […]
Trump’s Tariff Statements Drive Cryptocurrency Surge
Former President Trump’s recent pronouncements regarding tariffs have significantly impacted the cryptocurrency market, prompting a surge in digital assets. As global trade tensions escalate, investors are closely watching […]
White House Policies Spark Volatility in Global Markets
Financial markets are experiencing uncertainty as Bitcoin (BTC) trades near $109,000 and Ethereum (ETH) exceeds $2,600. This volatility stems from recent statements regarding tariffs and President Trump’s evolving […]
Waller’s Tariff Comments Spark Debate About Economic Impact
Federal Reserve Governor Christopher Waller recently addressed the impact of recent tariffs on the U.S. economy. His April 14, 2025, speech highlighted potential economic impacts of these hikes, […]
Kashkari Urges Patience as Tariff Impact Remains Unclear
Federal Reserve official Neel Kashkari has emphasized the need for cautiousness in light of ongoing uncertainty regarding the impact of tariffs on inflation. In an interview with Odaily, […]
Trump Delays Tariffs, Boosting European Stocks
Following an announcement of delays on new tariffs impacting the European Union and Apple products, European stock markets saw a notable rebound. While initial declines were reported, particularly […]
EU & US Trade Talks Progress, But Deal Remains Out of Reach
Despite a temporary pause in the trade dispute between the EU and the U.S., a lasting agreement remains elusive. The European Union aims for a zero-for-zero deal that […]
Nikon Raises US Prices Amidst Trade Tariffs, Signaling Industry-Wide Impact
Nikon has announced price increases for its cameras and lenses in the United States starting June 23, 2025, citing the impact of new tariffs on goods from China. […]