Federal Reserve Board Governor Milan: Economic growth is expected to improve in the second half of the year and early 2026.

1. "Acetaminophen May Cause Autism," Pregnant Women Warn Against Taking Tylenol --US President Trump warned that acetaminophen, the active ingredient in Tylenol, may trigger autism. "Taking Tylenol is not good," Trump said, adding that women should consult their doctors before taking the drug during pregnancy. 2. Designating the Left-Wing Radical Antifa as a Terrorist Organization --The White House announced on the 22nd local time that US President Trump signed an order officially designating the US left-wing radical Antifa (ANTIFA) as a domestic "terrorist organization." Trump has previously named ANTIFA, but US law only allows the designation of foreign organizations as terrorist organizations. 3. Will Propose a Post-War Gaza Governance Plan, Seeking Support from Arab and Muslim Countries --Officials familiar with the matter revealed that Trump will propose a post-war Gaza governance plan. Reports indicate that Trump is expected to discuss Israel's withdrawal from Gaza and the principle of Hamas's exclusion from post-war governance. The US also hopes that Arab and Islamic countries will agree to send troops to Gaza to assist Israel's withdrawal and ensure funding for the transition period and reconstruction of Gaza. 4. Claims policy toward Venezuela remains unchanged, committed to combating drug trafficking --The White House stated that US President Trump has read the letter from Venezuelan President Maduro, but that US policy toward Venezuela remains unchanged. Trump has made clear that he is willing to take all necessary measures to "stop the illicit trafficking of deadly drugs from Venezuela into the United States." 5. Attends UN General Assembly debate, confronts pressure with $3 billion in outstanding debt --US President Trump will attend the UN General Assembly in New York. According to Bloomberg, the United States is currently one of the UN's strongest critics and the largest defaulter in dues. The UN states that Washington owes over $3 billion.

OECD: The Federal Reserve is expected to cut its key interest rate again in 2025 and twice more in early 2026.