Powell Warns of Higher Prices, Weaker Growth After Tariff Plan 
 

Still, the Fed chair said the central bank isn't in a hurry to cut rates. "We're waiting for greater clarity before we consider adjustments."

 
U.S. Stocks Fall Further After China Retaliates Against Trump Tariffs 
 

An escalating trade war sends the market to its worst week since March 2020.

 
China Hits Back at Trump With Sweeping Tariffs on All U.S. Goods 
 

The trade conflict between the world's two largest economies reached new terrain as Beijing showed its anger with first across-the-board levies.

 
Trump's Team Is Getting the Bond Rally It Wanted. But for the Wrong Reasons. 
 

Tariff-driven fears of slower growth have triggered a sharp drop in Treasury yields, which influence borrowing rates.

 
Hiring Defied Expectations in March, With 228,000 New Jobs 
 

The U.S. added 228,000 jobs in March, the Labor Department reported, well above the gain of 140,000 jobs economists had expected.

 
Canada Unemployment Rate Nudges Up to 6.7% in March 
 

Employment in Canada fell by 32,600 jobs last month, Statistics Canada said.

 
Europe Wants to Make 'Fair' Raw Minerals Deal with Central Asian Countries, EU Chief Says 
 

The European Union-Central Asia Summit in Uzbekistan followed U.S. President Donald Trump's announcement of a 20% tariff on all EU goods exported to the U.S.

 
Week Ahead for FX, Bonds: Investors to Watch U.S. Inflation, Sentiment Data as Tariff Clouds Loom 
 

Focus will center on the University of Michigan's consumer sentiment survey, while inflation data could offer clues on prospects of interest-rate cuts to support the economy. Federal Reserve minutes will also be released.

 
JPMorgan now says there's a 60% chance of a recession after tariff hikes 
 

JPMorgan's economics team has just raised their recession probability to 60% following the aggressive tariff stance announced by U.S. President Donald Trump.

 
Banks Don't Pay Tariffs, but Tariffs Will Cost Them 
 

President Trump's trade levies spell trouble for bank stocks even though they aren't in the direct line of fire.

(END) Dow Jones Newswires

April 04, 2025 17:00 ET (21:00 GMT)

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