Fed, worried about Trump’s tariffs, could keep rates
The Chairman of the Federal Reserve of Jerome Powell testifies to the Senate Banking Committee at the Hart Senate Office at Capitol Hill on February 11, 2025. In Washington, DC.
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Members of the Committee for the Establishment of US Federal Reserve Unanimously agreed that they would hold rates in January because they were partly concerned about the influence that US President Donald Trump would have inflation. It is as if proven that the Fed Preciante, Trump announced on Tuesday (more) possible tariffs to targeted sectors.
Apple launched a new cheap iPhone on Wednesday in an attempt to expand its market share. Competitive prices – compared to their regular models – a smartphone may not be so attractive if the tariffs, among other US companies, are forcing the tariffs to increase prices.
Accordingly, the stock market was unwavering, and the S&P 500 was cheerfully climbing the second record. The shares are amazed at a healthy American economy, and Fed officials are optimistic about economic prospects, according to the minutes of their January, which could also complicate the progress in lowering inflation.
What you need to know today
Fed concerns about the tariff
US Federal Reserve officials agreed to need it See more inflation falls before you are further reduced by interest ratesAccording to the minutes of their meeting in January, published on Wednesday. They noticed “the risks upside down on the appearance of inflation. In particular, participants have cited the possible effects of potential changes in trade and immigration policy,” the record said.
Possible Trump’s tariffs on cars
In addition to the tariff already announced by US President Donald Trump, he suggested on Tuesday that he could impose Nations to import cars, pharmaceutical products and semiconductors. In the example of the press, Trump said that duties would be about 25%, could start as early as April 2 and “significantly higher during the year.” Nations with the largest car exports to the US are Mexico, Japan and Canada.
Another direct record for S&P
IN S & P 500 ended on Wednesday 0.24% more, Including another record. IN Dow Jones industrial average climbed to 0.16%, and Nasdaq composite marked 0.07%. Palantir shares have fallen to 10% on the news that are US Defense Minister orders Pentagon to reduce his budget. Asian-Pacific markets fell on Thursday. Auto section of Japan and South Korea, like Nissan engine and the Hyundai engine, pulled to a spectrum of Auto tariff, measuring the indexes of both countries.
China has interest rates
IN National Bank of China Thursday have retained their key interest rates unchanged. The one -year loan rate remained 3.1%and the five -year LPR at 3.6%, suggesting that Beijing gives priority to financial stability over economic stimulus. Both numbers were in accordance with Reuters’ assessments. The former affects corporate loans and most household loans in China, while the latter serves as a measure of mortgage rates.
Apple drops a new iPhone
Apple announced on Wednesday iPhone 16eThe price $ 599, the lower than its main iPhone models, and in sale it will be on sale later this month. The uses of Apple’s A18 chips, which also contained the main iPhone 16 models. This means that the iPhone 16E supports Apple Intelligence, making it to Apple’s least more expensive new phone that can access features such as the image generation and notification abstract.
[PRO] Shrugging with a tariff threat
Despite the insecurities that generated the tariffs – and with every week seemingly new announced – the shares mostly climbed from Trump’s inauguration. S&P even recorded two consecutive finals on Tuesday and Wednesday. That’s why Investors are not shocked by Trump’s tariffsAccording to the main economist Goldman Sachs.
And finally …
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Microsoft implements a new state of matter in its first quantum computer chip
Microsoft announced Majoran 1 on Wednesday, his first quantum computer chip. The technical giant claims that the construction of the Majoran 1 demanded that it create a whole new state of matter, which is called a topological condition. Microsoft’s Quantum Chip uses eight topological quit using Indi -Arsenid, which is a semiconductor, and aluminum, which is a superpatient.
Instead of relying on TSMC or other production company, Microsoft produces components of the Majoran 1 in the USA as possible because the work takes place to a small extent. Technologists believe that quantum computers one day could effectively solve problems that would be taxed, if not impossible, for classic computers.