Economy will grow more slowly, inflation will move higher in Trump's term amid his tariff, immigration, budget plans. But U.S. should dodge recession ...

In a note, analysts at Capital Economics said a quarter-point cut by policymakers is "now largely discounted in the markets," ...

The Fed Rate Monitor Tool indicates an 83% chance of a 25-basis-point cut in September, while markets see a 17% probability that the Fed leaves rates unchanged.

Although President Trump's tariff and trade policy is headline news, another factor is of far greater importance to the stock market.

Global equities traded flat but hovered near record highs on Friday as US President Donald Trump and Russian President Vladimir Putin held high-stakes talks in Alaska over the war in Ukraine.