Thuan just took a nap and had the opportunity to catch up on some news.
Regarding the meeting of #FED , although the FED kept interest rates unchanged, the statements made were somewhat positive.
The FED Chair announced that they will slow down the quantitative tightening process starting on April 1. This means the FED will sell fewer bonds, helping to increase market liquidity.
The median forecast indicates a 0.5% rate cut by 2025.
The FED has sharply lowered its economic growth forecast for 2025.
The FED has also adjusted upward its inflation forecast for 2025.
FED Chair Jerome Powell stated that part of the inflation we are seeing is due to President Trump's tariffs.
President Trump is posting on Truth Social that the impact of the tariffs will gradually permeate the economy, and there will be additional tariffs on April 2. This means the FED has even more reason to cut interest rates to stimulate the economy.
It could be an image of the text stating 'Donald J. Trump @realDonaldTrump The Fed would be MUCH better off CUTTING RATES as J.S.Tariffs start to transition (ease!) their way into the economy. Do the right thing. April 2nd is Liberation Day in America!!!'