Truth Social's Late Calls Signal a Shift in Economists' Lives Under Trump
In a recent development reflecting the ongoing tensions within political communications, former President Donald Trump’s social media platform, Truth Social, has been making headlines due to its controversial late-night posts that have begun to dominate the economic discourse. These late-night calls, often rife with hyperbole and aimed at stirring public sentiment, are beginning to influence the narrative economists once maintained under more traditional communicative platforms.
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Federal Reserve Chair Jerome Powell Confident in U.S. Inflation Stability Amid Economic Challenges
In a recent address, Federal Reserve Chair Jerome Powell expressed a strong optimism regarding the state of inflation in the United States, declaring that inflation expectations appear to be 'anchored.' This statement comes as the economy grapples with uncertainties, including a potential economic slowdown and inflation pressures. Powell's remarks suggest that he believes the public's expectations of inflation are stable, which rings particularly crucial in maintaining consumer confidence and economic growth.
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UK's 10-Year Bond Auction Sees Lowest Demand in Nearly a Year
The latest bond auction in the UK has marked a significant downturn in demand, as the sale of 10-year government securities attracted the least interest since December 2023. This trend raises concerns among economists and analysts who closely monitor the bond market and its implications for the broader economy.
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Temasek Warns of Global Growth Slowdown if Trump Wins 2024 Election
In a significant economic forecast, Singapore's state investment firm Temasek has projected that a re-election of Donald Trump in the 2024 U.S. presidential race may lead to a deceleration in global economic growth. This bold statement comes as geopolitical tensions, trade negotiations, and macroeconomic conditions continue to shape the world economy.
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