The week brought a series of significant developments, including a potential shift in the Fed’s interest rate policy, a controversial statement from a top White House advisor, and a historic slump in the gold market. Here’s a quick overview of the stories that made headlines.
Trump’s Iran War Is Bringing Rate Hikes Back On The Table
President Donald Trump‘s aggressive push for interest rate cuts has been met with an unexpected response from the bond market. The ongoing war in Iran has led to a surprising prediction – a potential rate hike by the end of the year. This comes as a stark contrast to the 60 basis points of cuts that were anticipated less than three weeks ago.
Read the full article here.
Trump Advisor Sparks Outrage
Kevin Hassett, the top economic adviser at the White House, made a …
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