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Trump Says China Wants to Make a Trade Deal, Is Open to Lowering Tariffs If Talks Go Well
Wall Street Opens Higher After Trump Says Trade Deal With U.K. Will Be Announced
SA Analysts Share Opinions on the Latest FOMC Rate Decision
Trump criticizes the Federal Reserve again for not lowering interest rates, but this time did not call for firing Powell.
① The Federal Reserve announces that it will maintain the target range for the federal funds rate between 4.25% and 4.50%, marking the third consecutive decision to keep rates unchanged; ② Trump criticized Federal Reserve Chairman Powell on social media, stating that he is "too late" and "clueless," but added that he "still really likes him."
Jobless Claims Fall in Latest Week, With No Sign of Recession or Layoffs
As holiday factors diminish, the number of initial unemployment claims in the USA has returned to a low level.
After a short-term surge during the spring holiday and Easter at the end of April, the number of initial unemployment claims in the USA showed a declining trend last week.
