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Trump's Economic Claims Under Scrutiny Amid Market Turbulence Trump's economic claims are facing increased scrutiny amid recent market turbulence. Kevin Hassett's recent Fox News appearance, in which he praised Trump's economic policies while blaming Biden for a "mess," has sparked considerable debate. Although the S&P 500 has risen 9.8% since Trump's inauguration, inflation stands at 2.9%, and unemployment is at 4.3%. However, both the IMF and Deloitte are warning of a potential GDP drag betwee

Fed's Rate Cut: Balancing Act Amid Economic Uncertainty The Federal Reserve's recent 0.25% interest rate cut, bringing the federal funds rate to 3.75-4%, marks a strategic move to revitalize the labor market amidst cooling conditions and persistent inflation. Fed Chair Jerome Powell's post-decision remarks highlighted the dual mandate of maximum employment and stable prices, noting a gradual softening in the labor market and ongoing inflationary pressures. Despite a government shutdown temporari