Silver Rises Over 120% YTD 
The Federal Reserve has increasingly adopted the word “uncertainty” in its communications, with Chair Powell using it 22 times after the latest rate decision and other officials following suit.
This uncertainty stems largely from Trump’s planned tariffs, affecting the Fed’s inflation and growth projections while maintaining expectations for two rate cuts this year.
The business sector is echoing these concerns, with companies like FedEx and Delta citing uncertainty when lowering forecasts, while consumer confidence has dropped to a four-year low amid policy apprehensions.
