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Stock impact report

Powell's Fed to deliver just two cuts through 2026 even with Trump push: Barclays [Yahoo! Finance]

Leslie's, Inc. (LESL) 
Company Research Source: Yahoo! Finance
an unexpectedly strong stagflationary shock, raising risks of both higher inflation and recession later this year. According to Barclays, new reciprocal tariff package implies a trade-weighted tariff rate of about 23%, roughly eight percentage points above Barclays' prior assumption. Country-specific levies range between 10% and 50%, with sectoral carveouts for energy and some essential imports. While Mexico and Canada were largely exempt, the impact on Asia is expected to be particularly pronounced. “The administration's ‘Liberation Day' announcement imposed unexpectedly large tariffs on most trade partners, injecting a bigger-than-expected stagflationary impetus,” Millar wrote in a note. Equity markets ended the week lower as investors absorbed the scope of the tariff announcement and its potential consequences for global trade and domestic economic conditions. Barclays now expects U.S. GDP to contract in the second half of 2025 and forecasts the unemployment rate will ris Show less Read more
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