drmonalidesai on Nostr: Overall the Fed is concerned that President Trump’s tariffs will lead to more ...
Overall the Fed is concerned that President Trump’s tariffs will lead to more inflation and limit the growth of the US economy. The stock market will likely drop even more over the rest of the year as more tariffs are placed and Americans continue to decrease spending. 🇺🇸
Officials at the US Federal Reserve cut their US economic growth forecasts and raised projections for price growth as they kept interest rates on hold.
“Uncertainty around the economic outlook has increased,” the central bank said in a statement, as Donald Trump’s attempt to overhaul the global economy with sweeping tariffs sparks concern over inflation and growth.
https://www.theguardian.com/business/2025/mar/19/federal-reserve-forecast-trump-tariffs
Officials at the US Federal Reserve cut their US economic growth forecasts and raised projections for price growth as they kept interest rates on hold.
“Uncertainty around the economic outlook has increased,” the central bank said in a statement, as Donald Trump’s attempt to overhaul the global economy with sweeping tariffs sparks concern over inflation and growth.
https://www.theguardian.com/business/2025/mar/19/federal-reserve-forecast-trump-tariffs