Markets React to U.S. Tariff Hike and Powell’s Cau…
From Financial Modeling Prep: 2025-02-12 02:29:26
Global markets rose as investors digested U.S. tariff hikes and Fed Chair Powell’s cautious stance on rate cuts. Concerns over trade tensions heightened as Trump raised steel and aluminum tariffs to 25%, sparking backlash from the EU, Canada, and Mexico. The upcoming U.S. CPI report will guide future Fed decisions on rates. Stocks and Treasury yields reacted with uncertainty, while sector rotations and interest rate-sensitive assets are in focus for investors. Market volatility may increase due to trade war risks and inflation data.
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