Monday, February 24, 2025
HomeWorld NewsFed, fears Trump's tariffs, may hold interest rates | Real Time Headlines

Fed, fears Trump’s tariffs, may hold interest rates | Real Time Headlines

Federal Reserve Chairman Jerome Powell testified on February 11, 2025 on the Senate Banking Committee at the Hart Senate Office Building on Capitol Hill.

chip somodevilla | Getty Images News | Getty Images

Fed Setting Committee members unanimously agreed to keep interest rates stable in January because they fear the impact of U.S. President Donald Trump’s tariffs on inflation. As if proved that the Fed had prescient, Trump announced possible tariffs on target sectors (more) on Tuesday.

Apple launched a new low-cost iPhone on Wednesday to expand its market share. Competitive prices related to conventional models, smartphones may not be attractive in value if tariffs force Apple and other U.S. companies to raise prices.

That is, the stock market has not wavered, and the S&P 500 is getting more and more climbing another record. According to minutes of their January meeting, stocks were inspired by a healthy U.S. economy, and Fed officials were optimistic about the economic outlook, which could also complicate progress toward reducing inflation.

What you need to know today

Fed’s concerns about tariffs
Fed officials agree they need
Before you lower interest rates further, see Inflation rate dropAccording to their January meeting minutes, it will be released on Wednesday. They noted “upside risks to the inflation outlook. Participants cited the possible impacts of potential changes in trade and immigration policies.”

Trump could impose tariffs on cars
In addition to tariffs already announced by U.S. President Donald Trump, he suggested on Tuesday that he could impose a potential Extract imports of automobiles, medicines and semiconductors. In his address to reporters, Trump said the responsibilities would be about 25%, which could start as early as April 2 and “a significant increase over a year.” The largest exporters of the United States are Mexico, Japan and Canada.

S&P’s second consecutive record
this S&P 500 Ended on Wednesday at 0.24%, End another record. this Dow Jones Industrial Average Climb 0.16%, Nasdaq Composite Materials Increased by 0.07%. Palantir News about stock price falling 10% U.S. Secretary of Defense is ordering Pentagon to cut budgets. Asia-Pacific market fell Thursday. Japanese and Korean auto stocks, e.g. Nissan Engine Hyundai Motor retreated on the ghost of automatic tariffs, weighing the indexes of both countries.

China’s interest rate
this People’s Bank of China Thursday Keep its key interest rates unchanged. The high interest rate for one-year loans is 3.1% and the five-year LPR is 3.6%, indicating that Beijing prioritizes financial stability over economic stimulus. Both figures are consistent with Reuters poll estimates. The former will affect corporate loans and most household loans in China, while the latter is the benchmark for mortgage interest rates.

Apple drops new iPhone
apple iPhone 16e announced Wednesdaypriced at $599, is lower than its Mainline iPhone model and will be available for sale later this month. It uses Apple’s A18 chip, which can also be found in the main iPhone 16 models. This means that the iPhone 16E supports Apple Intelligence, making it the cheapest new phone for Apple, with access to features like image generation and notification summary.

(Pro) Shrugged the Tariff Threat
Despite uncertainty in tariffs and a new stock appears to be announced every week, stocks have generally risen since Trump took office. S&P even ended its highs two consecutive times Tuesday and Wednesday. This is the reason Trump’s tariffs won’t shake investorsAccording to Goldman Sachs’ chief economist.

at last…

Beata Zawrzel | Parenting | Getty Images

Microsoft deploys new state of matter in its first quantum computing chip

Microsoft announced the Majorana 1 on Wednesday, its first quantum computing chip. The tech giant claims that the Architecture Majorana 1 requires it to create a completely new state of matter, which is called topological state. Microsoft’s quantum chips use an eight-topotopic bit quantity matrix, using a core of dioxide, which is a semiconductor and aluminum, which is a superconductor.

Instead of relying on TSMC or another company for manufacturing, Microsoft makes a component of Majorana 1 itself in the United States, which is possible because the work is being carried out on a small scale. Technicians believe that quantum computers can one day effectively solve the problem of taxation of classical computers, if not impossible.

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