MYRUSD MYR/USD
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MYR/USD News
Express News | The probability of the Federal Reserve maintaining interest rates in March is 96%.
Trump stated that he does not believe the USA will experience an economic recession.
On Tuesday, USA President Trump stated that he does not expect the USA to fall into recession despite market sell-offs driven by concerns over his tariff policies dragging down the economy, and he believes the nation will prosper. Trump added that the stock market will rise and fall; he reiterated the need to rebuild the country.
The former U.S. Treasury Secretary believes that the possibility of an economic recession this year is as high as 50%.
Former USA Treasury Secretary Summers stated that the likelihood of the USA falling into an economic recession this year is as high as 50%, due to a series of policies from the Trump administration that have weakened confidence. Summers pointed out that strict immigration restrictions, federal layoffs, and tariff measures harm the USA's competitiveness, leading to significant changes in the economic outlook. He believes that when Federal Reserve officials meet next week, they need to emphasize the substantial losses to the economy caused by uncertainty, and that the authorities' ability to address that uncertainty is very limited.
Express News | Former Treasury Secretary Summers: The probability of the USA falling into recession this year is nearly 50%.
One piece of data indicates a contraction in the USA economy.
Stone Financial on March 11th | The tariffs imposed by the Trump administration have intensified worries about the economy and raised concerns about rising prices. The GDPNow Indicator from the Atlanta Federal Reserve even suggests that the economy will contract in the first quarter.
Under the flower flag, a downgrade of the US stock rating! Warning that the exception theory of the USA may pause, and the economic outlook could be weaker than the Global.
US stocks have fallen for three consecutive weeks. Citigroup announced that it is downgrading its rating on US stocks from "Shareholding" to "Neutral," predicting that economic data in the USA will continue to deteriorate over the next 3-6 months. Analysts at Citigroup warn that the notion of American exceptionalism will be "paused at least for the next few months," with the economic outlook for the USA likely to be worse than that of Other Global markets.
Express News | Foreign media: The USA has not yet signed the documents regarding the imposition of tariffs on Canada.
US stocks struggle to hide the downward trend. Investment firms analyze whether the stock market can rebound and identify the hidden winners.
The significant decline in the USA stock market on Monday indicates that many of the world's largest companies' stock prices suddenly plummeted due to investors' concerns about a potential economic recession.
Express News | Trump: will raise tariffs on Canadian Steel and Aluminum to 50%, effective immediately the next day.
Trump is criticized again by his own people? Former economic advisor: Tariffs are wrong and do not benefit the USA at all!
The threat of tariffs has already had an economic impact on the USA and other places. A report from the New York Fed shows that households are more pessimistic about their future financial situation, and the Atlanta Fed's GDPNow Indicators forecast that the USA's GDP may shrink.
Is a soft landing turning into a hard landing? Trump's policy shift has caused panic on Wall Street.
Recent remarks and policies from Trump and his senior advisors indicate a "disregard" for risks such as trade uncertainty, stock market declines, and even short-term inflation increases. JPMorgan believes that the risk of economic recession has risen from 30% to 40%. An Analyst stated that the market has returned to a state of "recession watch".
Is Trump and Powell behind the market? Investors are voting with their feet!
Analysts indicate that the sluggish response of the Federal Reserve will provoke anger from the Trump administration.
Global collapse: Trump refuses to help this time! Is China likely to become the winner? Beware of a significant interest rate cut by the Federal Reserve.
Due to easing market concerns over the USA economy, the global stock market sell-off temporarily calmed after severe fluctuations on Tuesday (March 11), while Equity Index futures indicate a slight rise for Wall Street. Bitcoin is also expected to end its five-day decline.
Former US Treasury Secretary Summers: The probability of a recession in the USA is very close to "50/50," something I couldn't believe a few months ago.
Summers posted on social platform X stating that the likelihood of the USA economy entering a recession is now 'close to 50/50'. This assessment is significantly more pessimistic than his expectations a few months ago. He attributed the rise in this risk to a core issue of 'completely counterproductive economic policies', along with the dual negative impact of tariff policies and their uncertainty on the economy.
Wrong again? The Wall Street consensus on U.S. stocks for 2025 is beginning to crumble.
Various investment banks are lowering their economic growth forecasts, and strategists are discussing that their year-end targets for the S&P 500 Index may be overly optimistic.
Concerns about the USA economy are rising, triggering a flight to safety, and Global government Bonds are experiencing widespread gains.
Concerns about a slowdown in the USA economy have triggered a demand for safe havens, leading to an increase in USA Bonds along with Bonds from Asia and Europe.
Decision Analysis: Global growing pains! Trump is determined not to shift this time, a wave of selling sweeps through as expectations for Federal Reserve rate cuts rise.
On Tuesday (March 11), Asian stock markets plunged sharply as the wave of market sell-offs continued, raising concerns about a widespread trade war that could dampen USA economic growth and lead to recession, prompting cautious investors to turn to the safe-haven currency, the yen.
Markets Rocked as Wall Street Frets Over Trump's Economic Impact
Dollar Could Fall Further as Markets Price Out U.S Exceptionalism -- Market Talk
Standard Chartered Bank: The theory of a recession in the USA is exaggerated, with two more rate cuts expected this year!
Analysts expect that in the coming months, the decline in US Energy prices and improved weather conditions may boost Consumer spending, which in turn supports economic growth.