Market

Wall Street Braces for Fed's Decision: How Will Trump's Tariffs Impact Interest Rates?

Investors on Edge as Federal Reserve Meeting Looms

As the Federal Reserve prepares to announce its decision on key interest rates, Wall Street futures have taken a downward turn. This critical meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2, a move that has injected significant uncertainty into global markets.

Market Reactions in Early Trading

Early Tuesday trading saw the Dow Jones Industrial Average fall by 0.50% at 4:25 am ET, with the Nasdaq 100 and S&P 500 also experiencing declines of 0.80% and 0.63%, respectively, by 4:26 am ET.

Currency Movements: The euro showed resilience, gaining 0.26% to trade at $1.13434 by 4:27 am ET.