Billionaires lose billions in a single day due to tariffs, with some exceptions in the Middle East.
Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.
Fed warns Trump's tariffs could raise inflation and slow growth, despite pressure from the President to cut interest rates.
Billionaires lose billions in a single day due to tariffs, with some exceptions in the Middle East.
Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.
Fed warns Trump's tariffs could raise inflation and slow growth, despite pressure from the President to cut interest rates.