Trump’s sweeping tariffs spark panic across global markets
Wall Street futures took a nosedive following news of widespread reciprocal tariffs on US trading partners
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Wall Street futures took a nosedive following news of widespread reciprocal tariffs on US trading partners
Global M&A volumes hit just USD 590 mn through 25 March, according to Bloomberg Intelligence data
The US ranks 16th, despite hosting the largest number of these firms
Retail investors are afraid to miss out on a buying opportunity
Interest costs hit a 17-year high, reaching 3.3% of GDP in 2024
The central bank scrambled to contain the fallout, selling nearly USD 10 bn in foreign currency reserves
The Fed lowered its GDP growth forecast for the US to 1.7%, down from 2.1%
It also sees inflation coming in higher than previously forecast
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