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Fed, concerned over Trump tariffs, might hold rates

Federal Reserve Chairman Jerome Powell witnesses the Senate Banking Committee at the Senate Office building in Capitol Hill on February 11, 2025 in Washington, DC.

Chip Somodevilla | Getty Images News | Gety pictures

Members of the US Federal Reserve Committee unanimously agreed to retain fixed prices in January because they were, in part, concern about the influence of US President Donald Trump’s tariff on inflation. As if Fed Prescient has proven, Trump announced on Tuesday (more) possible definitions on the target sectors.

Apple launched a new low -cost iPhone on Wednesday in an attempt to expand its market share. The smartphone may not be at a competitive price – with regard to its regular models – attractive in value if customs duties force Apple, among other American companies, raising prices.

However, the stock market was not similar, as the S&P climbs with a fun way to another record. The shares are moved by a healthy American economy, and federal reserve officials are optimistic about economic expectations, according to a minute of their meeting in January, which may also make progress towards inflation.

What you need to know today

Federal Reserve concerns about definitions
US Federal Reserve officials agreed that they would need this
See low inflation more before reducing interest ratesAccording to their meeting in January, it was released on Wednesday. They pointed to “the risks of upward risks to inflation. In particular, the participants were martyred with the potential effects of potential changes in the trade and immigration policy,” and the minutes stated.

Trump tariff is possible on cars
In addition to the definitions announced by US President Donald Trump, he suggested that he might be imposed Fees on car imports, pharmaceutical preparations and semi -conductors. In statements to reporters, Trump said that the duties will be about 25 %, could start early on April 2 and end “much higher over a year.” Countries with the largest car exports to the United States are Mexico, Japan and Canada.

The second record in a row for S&P
the S & P 500 Wednesday ended 0.24 %, Another record solution. the Dow Jon’s industrial average 0.16 %, and Nasdak 0.07 % fell. Baldir The shares declined by 10 % on the news that US Defense Minister Pentagon requests to reduce his budget. Asia and Pacific markets fell on Thursday. Japanese automatic stocks and South Korea, such as Nissan engine And Hyundai Motor, retreated on the specter of car tariffs, weighing the indexes of both countries.

China holds interest rates
the Popular Bank of China Thursday Keep the main interest rates unchanged. The loan rate for a year remained 3.1 % and LPR for a period of five years by 3.6 %, indicating that Beijing gives priority to financial stability in economic stimulation. Both numbers were in line with the Reuters poll estimates. The former affects corporate loans and most of the household loans in China, while the latter serves as a criterion for mortgage rates.

Apple drops new iPhone
apple On Wednesday IPhone 16E announcedWith a price of $ 599, less than the main iPhone models, and will be sold later this month. It is used as the Aperm A18 chips, which are also found in the main iPhone 16 models. This means that the iPhone 16e supports Apple Intelligence, which makes it the least expensive phone than Apple that can access features such as generating images and notification summaries.

[PRO] Ignore the threat of the tariff
Despite the uncertainty resulting from the customs tariff – and every week, the stocks have been generally increased since Trump’s inauguration. Achieved up to high levels in a row on Tuesday and Wednesday. That is why Investors do not vibrate through Trump’s tariffAccording to the chief economist in Goldman Sachs.

Finally …

Microsoft publishes a new case of the material in the first quantum computing slice

Microsoft announced on Wednesday the majurana 1, the first quantitative computing slide. The giant technology company claims that the construction of Majurana 1 requires that it create a completely new case of the material, which it refers to as a Topological state. The Microsoft Quantum chip is employs the Tobits Tobits using Indium Arsenide, which is semiconductor and aluminum, which is a super connection.

Instead of relying on TSMC or another company for manufacturing, Microsoft manufactures the same Majurana 1 components in the United States and this is possible because the work is revealed on a small scale. Technicians believe that quantum computers can one day solve problems that will impose taxes, if not impossible, for classic computers.

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2025-02-20 07:30:00

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