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Thursday, April 17, 2025

Federal Reserve chair's warnings send US stocks tumbling; Asian markets move higher

Wall Street experienced a sell-off triggered by Jerome Powell's remarks on potential tariff impacts and Nvidia's export concerns. Powell's warning about tariffs causing inflation and complicating economic management fueled market unease. Asian-Pacific markets diverged, showing gains despite Wall Street's decline, with central bank decisions influencing regional performance.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EBvTo7p

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