The US economy adds 228,000 jobs in March, above expectations of 137,000.
The unemployment rate rises to 4.2%, above expectations of 4.1%.
The February jobs number was revised down from 140,000 to 116,000.
We continue to see rising unemployment rates in the US.
The unemployment rate rises to 4.2%, above expectations of 4.1%.
The February jobs number was revised down from 140,000 to 116,000.
We continue to see rising unemployment rates in the US.
US stock market officially lost $10 trillion since President Trump was inaugurated.
SUMMARY OF FED CHAIR POWELL'S COMMENTS:
1. Tariffs are bigger than expected and risk higher inflation, slower growth
2. "Too soon" to determine appropriate policy path
3. Fed well-positioned to "wait for greater clarity"
4. Tariffs could have a persistent inflation impact
5. Economic impacts of tariffs larger than expected
6. Must ensure price hikes don't lead to ongoing inflation
Just minutes ago, President Trump called on Fed Chair Powell to cut rates immediately.
Things are about to get even more volatile.
1. Tariffs are bigger than expected and risk higher inflation, slower growth
2. "Too soon" to determine appropriate policy path
3. Fed well-positioned to "wait for greater clarity"
4. Tariffs could have a persistent inflation impact
5. Economic impacts of tariffs larger than expected
6. Must ensure price hikes don't lead to ongoing inflation
Just minutes ago, President Trump called on Fed Chair Powell to cut rates immediately.
Things are about to get even more volatile.
Key Events This Week:
1. "Reciprocal Tariff" Responses Likely Begin - Monday
2. Fed Meeting Minutes - Wednesday
3. March CPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. March PPI Inflation data - Friday
6. Michigan Consumer Sentiment data - Friday
Are you ready for more historic volatility?
1. "Reciprocal Tariff" Responses Likely Begin - Monday
2. Fed Meeting Minutes - Wednesday
3. March CPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. March PPI Inflation data - Friday
6. Michigan Consumer Sentiment data - Friday
Are you ready for more historic volatility?
JUST IN: 🇪🇺 🇺🇸 European Union says it's ready to discuss zero-for-zero tariffs with the US.
BREAKING: 🇺🇸🇨🇳 President Trump threatens an additional 50% tariff on China if it does not withdraw its 34% tariff increase.
Trade war continue
Trade war continue
EUROPEAN COMMISSION 🇪🇺 PROPOSES 25% TARIFF ON 🇺🇸 GOODS TO TAKE EFFECT FROM MAY 16TH
🇺🇸 White House says "America does not need other countries as much as they need us."
It's over folks
It's over folks
JUST IN: White House confirms that additional 50% in tariffs on China will take effect tomorrow