"Solid" Jobless Claims Keeps FOMC Picture Intact, Brazil & Japan Tariff Concern
Schwab Network · Schwab Network
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Show Notes
Jobless claims came in lower than Wall Street projected, which Kevin Hincks says upholds the Fed keeping interest rate cuts off the table for July. He offers insight into what it means for the rate cut cycle later in 2025. On the international picture, President Trump said he would raise tariffs on Brazil to 50%. Kevin notes that both Brazil and Japan raise concerns for the trade deal outlook.
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