Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep upTag: EU
Trump threatens 50% tariffs on EU imports: ‘Very difficult to deal with’
President Donald Trump on Friday threatened to impose a 50% tariff on all European Union (EU) products starting on June 1st, explaining that Europe has been “very difficult to deal with.”
Read More Trump threatens 50% tariffs on EU imports: ‘Very difficult to deal with’With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine Talks
Vice President JD Vance threatened to abandon Russia and Ukraine peace negotiations on Wednesday ahead of a high-stakes meeting in London where the two nations are to discuss President Donald Trump’s “final offer.”
Read More With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine TalksEU Prepares To Retaliate Against US Tariffs
with Dave Brat
Read More EU Prepares To Retaliate Against US TariffsWall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs.
Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff ReversalPost-Liberation Day Reaction
It’ Post-Liberation Day, and the world is reacting. Trump’s reciprocal and 10% baseline tariffs have triggered threats of retaliation from the EU and China, while Canada plans tariffs on U.S. auto parts.
Read More Post-Liberation Day Reaction