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The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

  • President Donald Trump announced new tariffs ranging from 10% to 54% on April 2, 2025, during an event at the White House.
  • The Dow Jones Industrial Average dropped 1,500 points in early trading due to Trump's tariff announcements, affecting global markets negatively.
  • A YouGov poll revealed that 51% of respondents disapprove of Trump's tariff actions, indicating public opposition.
  • European leaders expressed strong concerns, with Ursula von der Leyen stating there is 'no clear path through the complexity and chaos' caused by the tariffs.
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Mises InstituteMises Institute
+3 Reposted by 3 other sources
Right

The Federal Reserve Protection Racket

We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed exist to exercise monopoly power

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CNBCCNBC
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Stockxpo - A professional network of traders, investors and analystsStockxpo - A professional network of traders, investors and analysts
Center

The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.

·United States
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newspakistan.tv broke the news in on Wednesday, April 2, 2025.
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