💨 Abstract

European shares ended flat for the week, while Wall Street advanced, following in-line U.S. inflation data, which reinforced expectations of two Fed rate cuts this year. Oil prices fell as tariffs were announced. The U.S. dollar rose due to trade concerns, but inflation remains elevated. World stocks and crypto prices fell, with the Fed potentially facing a dilemma as economic indicators weaken.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖