The president of the American federal reserve, Jerome Powell, speaks at a press conference after a two-day meeting of the Federal Market Open Market Committee on the interest rate policy in Washington, DC, United States, May 7, 2025.
Kevin Lamarque | Reuters
When the Federal Open Market Committee met in March, US President Donald Trump had not yet triggered his so-called “reciprocal” prices on the world.
But the Fed decision -makers were already preparing for the impact of commercial barriers. At the end of this meeting, the FOMC lowered its economic forecasts for the United States and increased its projection of inflation. The president of the FED, Jerome Powell, said that “a good part” of the slowdown forecasts “comes from prices”.
On April 2, Trump even amazed the most pessimistic market observers when he held the board of directors with a list of higher prices than planned in many countries. Even if Trump took them a break, the Fed seems to operate on the (very uncertain) hypothesis that Trump could restore these attractive direct debits at any time.
During the last FOMC meeting, which ended on Wednesday, Powell no longer punch at his press conference after the meeting, as he did in March. This time, he placed responsibility outright on Trump’s prices, saying that they “are probably” to cause warmer inflation, slower economic growth and higher unemployment – revenue for a stagflationary scenario.
Until now, it is the clearest warning of an American authority on the damage that prices could cause. However, given that Trump not only expressed his frustrations with regard to Powell, but also said on Wednesday that he would not plan to reduce the 145% rate on China to start trade negotiations with the country, it is unlikely that Trump takes into account the prudence of the Fed.
What you need to know today
The Fed holds rate rates and warnings
On Wednesday, the American federal reserve maintained its key interest rate in a range between 4.25% to 4.5%, where it has been since December. During his press conference after the Fed meeting, President Jerome Powell said that Trump’s “reciprocal” prices were “significantly larger than expected” and “should generate an increase in inflation, a slowdown in economic growth and an increase in unemployment”.
Of the trade agreement between Great Britain and the United States: New York Times
Great Britain is expected to sign a trade agreement with the United States, according to the New York Times. The report comes after Trump said on Wednesday evening in the United States that there will be a briefing on a trade agreement the next day, without revealing any detail. If the agreement takes place, Great Britain would be the first country to seal one after Trump has imposed prices on American imports in April – but it is not clear if the two countries will sign a finalized agreement or a framework for an agreement, said the NYT.
Sautical buoy clues
American actions increased on Wednesday. THE S&P 500 added 0.43%, the Industrial average Dow Jones won 0.7%, increased by a leap of 10.8% Disney shares, and the Nasdaq Composite climbed by 0.27% on Nvidia Sharing up. The Asia-Pacific markets climbed Thursday. Hong Kong Hang Seng index Increased approximately 0.6% while the actions of the Chinese brand of the overflow brand Jenny increased up to 75% on its first day of negotiation on the city’s stock exchange.
White House to simplify fleas export rules
Nvidia Actions jumped 3.1% while the Trump administration was preparing to cancel what is called the “AI dissemination rule”. The rule, which was proposed by the Biden administration, sorts the countries in three different levels, which all have different restrictions on the question of whether advanced artificial intelligence fleas such as those made by Nvidia and Advanced micro-apparents can be shipped to the country without license.
AI could replace search engines: Apple
Alphabet shares dropped by 7.5% and that of Apple Lowered by 1.1% after Eddy Cue, Appleās head of the services, said he thought that AI search engines will possibly replace standard engines such as Google, according to Bloomberg. Separately, Apple requests a court for authorization to restart the invoicing of a commission on transactions integrated into the application which connects to payment, adding that the prohibition will cost the company “substantial sums”.
(Pro) How to play Trump’s “ very big announcement ”
Trump on Tuesday revealed at an oval office meeting with Canadian Prime Minister Mark Carney, which he plans to make a “very, very big announcement” before his trip to the Middle East next week. What Jpmorgan Advises its customers on how they can mount this potential rear wind for the market.
And finally …
A Minnie Mouse balloon during the inflation of the Thanksgiving parade ball of Thanksgiving 2024 day on the eve of the parade in New York, November 27, 2024.
Timothy A. Clary | AFP | Getty images
Disney announces a themed park and an Abu Dhabi complex
The Walt Disney Co. announced on Wednesday that it had reached an agreement with the Miral destination and immersive experience company to bring a park and an appeal to the island of Yas to the United Arab Emirates.
It will be the seventh Disney theme park and it will be fully developed and built by Miral. The Disney Imagineers will direct the creative conception and operational surveillance of the project. The entertainment giant will not invest in the project, but will benefit from the advantages of the fees.
Disney has slowly entered the water in recent years, adding retail places and entertainment emissions on tour like “The Lion King” and “Disney On Ice” by Broadway. Disney has noted that around a third of the world’s population lives in a four -hour water flight and that the region has an addressable tourist market of around 500 million visitors.