Reported about 12 hours ago
In the final days of the Biden presidency, financial markets are reacting to expectations of Donald Trump's upcoming policies, as the Federal Reserve hints at adjusting its monetary stance in response to potential inflationary pressures from proposed tariffs and deportations. Despite Biden leaving a strong economy marked by low inflation and stable retail sales, analysts note that uncertainties over Trump's radical legislative intentions may introduce volatility, suggesting a future economic slowdown as the political landscape shifts ahead of Trump's inauguration.
Source: YAHOO