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Fed cuts rates; Trump to Powell: "Cut 100 points or you're FIRED!"
On September 17, 2025, the Federal Reserve enacted a quarter-percentage-point interest rate cut, citing moderating economic growth and rising risks to employment. This decision prompted a swift and aggressive response from Donald J. Trump. In a social media post, Trump called the rate cut "TINY" and Federal Reserve Chair Jerome Powell a "Total idiot!!!". He demanded a more substantial 100-basis-point cut at the next meeting, threatening Powell's job if his demand was not met. The exchange is detailed in the provided press releases and tweet.
Iran Cancels Nuclear Talks with US Amid Escalating Conflict
Iran abruptly cancelled planned nuclear talks with the US in Oman after Israeli airstrikes targeted key Iranian sites, escalating regional tensions and derailing months of diplomatic efforts. The move heightens fears of broader conflict and injects fresh uncertainty into the future of Iran’s nuclear program.
S&P/ASX 50 Weekly Review: Performance, Top Movers, Relative Volume Insights, and Geopolitical Impact
This weekly review of the S&P/ASX 50 explores the performance of Australia’s largest listed companies as the index navigated sector shifts and heightened volatility amid the Iran-Israel conflict and provides deep insights into relative trading volumes, revealing how geopolitical tensions and global energy dynamics drove market activity.
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