HomeMarketsU.S. Economy'Another Day, Another Tariff:' Trade Clarity & FOMC Picture Get Murkier

'Another Day, Another Tariff:' Trade Clarity & FOMC Picture Get Murkier

President Trump's reported 35% tariff on Canada and 50% tariff on copper deepens uncertainty surrounding global trade. Kathy Jones with Charles Schwab says the more tariffs that emerge won't just worsen consumer sentiment, but also the FOMC's interest rate picture. The potential for a rate cut can fall further if next week's CPI and PPI show inflation staying in check.

Market On Close

11 Jul 2025

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