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Fed's approach gives respite for tariff-hit investors

  • Investors find comfort in the U.S. Federal Reserve's cautious approach, which acknowledges rising risks to growth and inflation while keeping interest rates unchanged.
  • U.S. President Donald Trump's tariff policies have caused market turmoil, decreasing consumer and business confidence and raising concerns about a recession.
  • The S&P 500 index has declined by about 8% over the past month, reflecting growing investor fears of a recession and a global trade war.
  • The Fed recognizes the economic risks associated with Trump's trade policies, indicating significant uncertainty in the market.
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The Daily HeraldThe Daily Herald
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Most markets track Wall St gains as Fed soothes tariff fears

Stocks mostly rose Thursday after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the central bank slashed its growth outlook and hiked inflation expectations.

·Roanoke Rapids, United States
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Bias Distribution

  • 38% of the sources are Center, 38% of the sources lean Right
38% Right
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The Elkhart Truth broke the news in on Thursday, March 20, 2025.
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