S&P 500 pops to another record while Dow, Nasdaq rise with tariffs, Fed minutes in focus

In January, lasting interest rates were held at its meeting. Minutes from that meeting: Wednesday IssuedIt revealed that most Fed Paides supported the policy of policy at the restrictive levels.

“Many participants noted that the commission can hold the level of politics at a limiting level if the economy remains strong, and inflation remained worsening if the conditions of labor are worse than predicted,” the minutes were predicted. ” :

The participants considered that the commission was “well positioned” to take time to assess the “development of developed economic activity” and further progress in inflation was needed to regulate its level.

Inflation on the forehead. household expenses. “

Last week Trump announced global 25% Tariffs Steel and Aluminum Importto take effect on March 12. He later ordered the study of federal agencies Mutual tariffs: on commercial partners.

Trump recently said he expects additional responsibilities on carsChips and Pharmacy. The housing tariff near 25% would apply to all foreign cars and will start on April 2.

The tariffs for 25% of Mexico and Canada are determined next month, while 10% of China has already been implemented.

Along with the uncertainties of politics, the protocols also highlighted the latest economic unknowns, including “long-term neutral policy interest rate, possible economic growth rate and the level of maximum work.” These uncertainties “will remain an important factor that affects their decision.”