Japan Inflation Stays Sticky in February, Boosting BOJ Rate Hike Bets 
Oil Prices Climb on US Sanctions, OPEC+ Cuts Fuel Supply Fears 
Asian Stocks Rise as Wall Street Gains; China Slips on Profit-Taking 
China’s Antimony Export Halt to Europe Fuels 300% Price Surge 
Trump’s China Ship Fees Disrupt U.S. Exports, Triggering Economic Concerns 
China’s Copper Smelters Slash Output Amid Severe Concentrate Shortage and Record Losses 
Wall Street Slips as Fed Rate Cut Optimism Fades; Apple, Tesla in Focus 
Dollar Strengthens as Fed Holds Rates and Market Eyes Trump Tariff Moves 
Japan’s Exports Rise for Fifth Month Amid U.S. Tariff Concerns 
Gold Glitters Near Record Highs Amid Fed Cuts and Global Tensions. 
Oil Prices Rise Amid Middle East Tensions and U.S. Inventory Drop 
Fed Posts $77.5B Loss in 2024 as High Interest Rates Persist 
Ireland’s Economy Faces 1.8% Decline by 2032 Amid U.S.-EU Trade Tensions 
Asian Stocks Mixed as China’s Rally Stalls, Japan Gains on BOJ Outlook 
Dollar Slips as Fed Signals Rate Cuts, Pound Hits Four-Month High 
Akasa Air Faces Boeing Delays, Pilot Frustrations, and Expansion Challenges 
Wall Street Rebounds Slightly as Tariff Concerns Ease and Fed Stays Patient 
The S&P 500 surged 1.1% on Wednesday after the Federal Reserve left interest rates unchanged and maintained its forecast for two rate cuts in 2024, despite acknowledging persistent inflation. The Dow Jones rose 383 points (0.9%), while the NASDAQ gained 1.4%.
The Fed kept rates in the 4.25%-4.5% range, with projections showing a decline to 3.9% by year-end, unchanged from December. Inflation forecasts increased, but Fed Chair Jerome Powell suggested weaker economic growth might offset rising prices. Powell emphasized that while sentiment indicators softened, economic fundamentals, including the labor market, remain strong.
Tesla jumped over 4% after securing an initial regulatory approval for its robotaxi service in California. The California Public Utilities Commission granted the company a transportation permit, a crucial step toward launching autonomous ride services.
Boeing soared 7% as CFO Brian West highlighted improved operations. Meanwhile, Nvidia climbed more than 2% after CEO Jensen Huang downplayed concerns over tariff impacts.
General Mills, however, fell 2% after forecasting a significant decline in sales and profit due to increased competition from lower-cost private label brands.
Despite inflation concerns, analysts believe the Fed will prioritize labor market stability over short-term price increases. Investors remain optimistic about the central bank’s rate-cut timeline, fueling market gains.
