💨 Abstract

The Federal Reserve, on Wednesday, kept interest rates unchanged but indicated a potential rate cut of half a percentage point by the end of the year. The decision comes amid the Trump administration's implementation of tariffs, which has led to an upward revision of the Fed's inflation outlook for this year, now expected to be 2.7%. As a result, the dollar weakened against the euro, with the euro trading at $1.0889,

Courtesy: theprint.in

Summarized by Einstein Beta 🤖