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Fed and Trump Shake Global Markets with Crucial Announcements
Fed and Trump Shake Global Markets with Crucial Announcements
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Federal Reserve Chairman Jerome Powell delivered significant economic declarations, signaling a surge in interest rate expectations. Despite disheartening annual median rate forecasts for the upcoming year, Powell advised against excessive worry. Meanwhile, former President Donald TRUMP announced a critical meeting in the situation room, hinting at potential U.S. intervention in the Middle East conflict.
Trump's statements underscored the volatility in geopolitical tensions, with Iran's nuclear capabilities and the possibility of diplomatic talks remaining central themes. His remarks added to the uncertainty in global markets, already rattled by the Fed's hawkish stance.
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