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Dollar confidence shaken as Fed signals possible cuts amid jobs slump and ballooning deficits
Economy
Published on 24 April 2026
A tariff warning turns into rate-cut hints faster than markets
The Federal Reserve’s careful stance on tariffs is evolving into stronger signals of potential rate cuts as growth slows, hiring weakens, and public debt spirals. At the same time, political interference and mounting fiscal strain could further weaken dollar strength, fueling fears that currency weakness may last longer than traders expect.
- Fed rhetoric is shifting from tariff caution to possible rate cuts
- Slowing growth and weaker jobs are driving the change
- Rising deficits and debt spirals intensify dollar weakness fears
- Political pressure could undermine the dollar for longer
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times