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Fed Poised for First 2025 Rate Cut as Weak Jobs Data Outweigh Inflation Concerns

  The Federal Reserve seal at its Washington, D.C. headquarters, where policymakers are set to decide on the first interest rate cut of 2025. The U.S. Federal Reserve is expected to lower its benchmark interest rate by 25 basis points today, marking its first rate cut of 2025 and the first since December last year. The move would bring the federal funds target range down to 4.00%–4.25%, as policymakers respond to slowing job growth and rising unemployment, even as inflation remains above the Fed’s 2% target. Recent labor market data showed just 22,000 jobs added in August, with earlier months revised downward, while the unemployment rate has climbed to around 4.3%. Inflation, measured by the Fed’s preferred PCE index, has edged higher in recent months, partly due to tariffs pushing up consumer prices. Markets have largely priced in the cut, with investors watching the Fed’s updated “dot plot” for clues on whether more reductions will follow in October and December. The decision ...
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Hollywood Faces Uncertain Future as Trump Announces 100% Tariff on Foreign Films

 

In a move that has sent shockwaves through the global film industry, President Donald Trump has announced a 100% tariff on all movies produced outside the United States. The decision, revealed via his Truth Social platform, is aimed at revitalizing the American movie industry, which he claims is "dying a very fast death" due to foreign incentives luring productions away from Hollywood.  

Trump has authorized the Department of Commerce and the U.S. Trade Representative to begin implementing the tariff immediately. However, details on how the policy will be enforced remain unclear, leaving industry insiders scrambling to assess its potential impact.  

The announcement has sparked concern and confusion among filmmakers, particularly those involved in international productions. Many Hollywood blockbusters, including franchises like Mission: Impossible and Avatar, rely on overseas locations for filming. The tariff could significantly increase costs for studios and disrupt ongoing projects.  

Critics argue that the move could harm rather than help the U.S. film industry, as it may discourage international collaboration and limit the diversity of films available to American audiences. Meanwhile, supporters believe it could encourage more domestic production and bring jobs back to Hollywood.  

As the industry awaits further clarification, one thing is certain—Trump’s latest trade policy has ignited a fierce debate over the future of filmmaking in America.  



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