Summary of Recent Economic Events
Press Briefing by Trump
On February 20, 2026, former President Donald Trump is scheduled to hold a press briefing regarding the Supreme Court's recent decision on tariffs. The briefing is set to take place at 12:45 p.m. Eastern Time, which corresponds to 6:45 p.m. Polish time.
Supreme Court Decision on Tariffs
In a significant ruling, the US Supreme Court has struck down Trump's global tariffs. This decision has raised questions about the future of these tariffs and their potential impact on the economy. The ruling is seen as a disappointment for Trump but may provide resilience for other economic sectors.
Economic Indicators
On the same day, economic reports indicated that European flash PMIs (Purchasing Managers' Index) were stronger than expected, leading to a slight increase in the EUR/USD exchange rate. This suggests a positive outlook for the European economy, contrasting with the challenges faced by the US economy following the Supreme Court's decision.
US GDP Insights
The economic landscape in the US is characterized by mixed signals. While the Supreme Court's decision on tariffs poses challenges, there are underlying strengths in the economy that may support growth. Analysts are closely monitoring these developments to assess their implications for GDP and overall economic health.