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Eli Lilly, Affirm And Regeneron Are Among Top 12 Large-Cap Losers Last Week (May 5-May 9): Are The Others In Your Portfolio?
Institutions: Financial pressure may be the main contradiction behind the Federal Reserve's "dovish" turn.
In the face of the stagflation risks that may arise from tariffs, there is significant disagreement in the market regarding expectations for the Federal Reserve to lower interest rates. The FOMC meeting in May also indicated a cautious approach of "waiting and seeing." Will the Federal Reserve be able to lower interest rates in 2025? The financial market may be the "main contradiction" in its pivot.
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India has been reported to be willing to reduce the tariff gap by two-thirds, striving to reach a trade agreement with Trump.
India has proposed to reduce the average tariff gap with the USA from nearly 13% to below 4% in exchange for the Trump administration exempting existing and potential tariffs. The average tariff rate for India is 17%, while for the USA it is 3.3%. If an agreement is reached, the tariff gap between the two countries will shrink by approximately 9 percentage points.