Global Equities Rally as Fed Monitors Tariff Impact on Softening Labor Market
Federal Reserve officials are tracking tariff effects while equity markets post broad gains led by technology and AI semiconductor stocks. San Francisco Fed President Mary Daly notes tariffs have not spilled into services inflation, with inflation expectations anchored near the 2% target. The Fed is balancing trade policy uncertainty against a cooling labor market and moderating wage growth.
ViaNews Editorial Team (Markets)•