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Walmart says tariffs are an opportunity to gain market share

(Bloomberg) -- Walmart Inc. executives are confident that the world’s largest retailer will reach its financial targets this year, despite tariff turbulence that’s sparking uncertainty in the world economy. On Wednesday, Walmart said that it still sees net sales growing 3% to 4% this year. That forecast accounts for tariffs, unlike its previous outlook from February. The company, which has historically performed well in economic downturns, plans to keep prices low. This means it could take a sho

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting. The minutes, released Wednesday, said that the Fed could keep its benchmark interest rate unchanged if inflation remained stubbornly elevated. The minutes were for the Fed's March 18-19 meeting.