Consumer sentiment declined sharply in March, with worries over inflation and a falling stock market impacting the University of Michigan’s latest survey, which showed a 10.5% drop from February. Expectations for the future fell by 15.3%, with concerns growing over President Trump’s tariffs and increasing uncertainty in economic policies. Despite these challenges, stocks remained positive, and the Federal Reserve is expected to maintain interest rates, although traders are pricing in rate cuts later in the year.
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Iran, US to hold second round of high-stakes nuclear talks in Rome
The United States and Iran are resuming high-stakes negotiations in Rome regarding Tehran's nuclear program, following constructive talks a week prior in Muscat. Iranian Foreign Minister Abbas Araghchi expressed cautious optimism about the U.S. side's seriousness while asserting that Iran's right to enrich uranium is non-negotiable. With the deadline for triggering the "snapback" mechanism on sanctions approaching, both sides face pressure to reach an agreement as Iran enriches uranium beyond the limits of the 2015...
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