Fed Setting Committee members unanimously agreed to keep interest rates stable in January because they fear the impact of U.S. President Donald Trump’s tariffs on inflation. As if proved that the Fed had prescient, Trump announced possible tariffs on target sectors (more) on Tuesday.

Apple launched a new low-cost iPhone on Wednesday to expand its market share. Competitively priced smartphones may not be attractive in value relative to regular models, if tariffs force Apple and other U.S. companies to raise prices.

That is, the stock market has not wavered, and the S&P 500 is getting more and more climbing another record. According to minutes of their January meeting, stocks were inspired by a healthy U.S. economy, and Fed officials were optimistic about the economic outlook, which could also complicate progress toward reducing inflation.

Fed's concerns about tariffs
According to minutes of the January meeting, U.S. Federal Reserve officials agreed that they need to see more inflation drops before further reducing interest rates. They noted “upside risks to the inflation outlook. Participants cited the possible impacts of potential changes in trade and immigration policies.”

Trump could impose tariffs on cars
In addition to tariffs already announced by U.S. President Donald Trump, he suggested on Tuesday that he could impose taxes on imports of cars, drugs and semiconductors. In his address to reporters, Trump said the responsibilities would be about 25%, which could start as early as April 2 and "a significant increase over a year." The largest exporters of the United States are Mexico, Japan and Canada.

S&P's second consecutive record
this S&P 500 The ended up 0.24% higher on Wednesday and ended another record. this Dow Jones Industrial Average Climb 0.16%, Nasdaq Composite Materials Increased by 0.07%. Palantir Stocks fell 10% on news that the Secretary of Defense ordered the Pentagon to cut budget. Asia-Pacific markets fell on Thursday. Japanese and Korean auto stocks, e.g. Nissan Engine Hyundai Motor retreated on the ghost of automatic tariffs, weighing the indexes of both countries.

China's interest rate
The People's Bank of China kept its key interest rates unchanged on Thursday. The high interest rate for one-year loans is 3.1% and the five-year LPR is 3.6%, indicating that Beijing prioritizes financial stability over economic stimulus. Both figures are consistent with Reuters poll estimates. The former will affect corporate loans and most household loans in China, while the latter is the benchmark for mortgage interest rates.

Apple drops new iPhone
apple The iPhone 16E is announced on Wednesday at $599, lower than its Mainline iPhone model and will be available for sale later this month. It uses Apple's A18 chip, which can also be found in the main iPhone 16 models. This means that the iPhone 16E supports Apple Intelligence, making it the cheapest new phone for Apple, with access to features like image generation and notification summary.

(Pro) Shrugged the Tariff Threat
Despite uncertainty in tariffs and a new stock appears to be announced every week, stocks have generally risen since Trump took office. S&P even ended its highs two consecutive times Tuesday and Wednesday. Goldman Sachs chief economist said that is why Trump's tariffs don't shock investors.

Microsoft deploys new state of matter in its first quantum computing chip

Microsoft announced the Majorana 1 on Wednesday, its first quantum computing chip. The tech giant claims that the Architecture Majorana 1 requires it to create a completely new state of matter, which is called topological state. Microsoft's quantum chips use an eight-topotopic bit quantity matrix, using a core of dioxide, which is a semiconductor and aluminum, which is a superconductor.

Instead of relying on TSMC or another company for manufacturing, Microsoft makes a component of Majorana 1 itself in the United States, which is possible because the work is being carried out on a small scale. Technicians believe that quantum computers can one day effectively solve the problem of taxation of classical computers, if not impossible.