Ijaz
Federal Reserve (Fed) Chair Jerome Powell stuck to his cautious guns on Friday, warning that policy uncertainty makes it difficult for the Fed to enact policy adjustments. Key highlights Uncertainty around Trump Administration policies and their economic effects remains high. Most longer-term inflation expectations remain stable, consistent with 2% goal. Net effect of trade, immigration, … Read more
“He has one adult son from whom he is estranged. He is 71 and I am 69.” Source link
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years. Source link
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions are secured, but tariffs on steel and aluminum remain in place. US Dollar weakens despite solid NFP; markets price in 80 bps of Fed cuts in 2025. The Mexican … Read more
DoorDash is one of four companies that will soon join the S&P 500. AppLovin and Coinbase didn’t make the cut. Source link
US President Donald Trump took time out of his Oval Office address to deliver new information about impending tariffs on Canada. While addressing the press in the White House, President Trump lobbed a fresh tariff threat, which may or may not come today, or on Monday, or on Tuesday. The statement comes less than 24 … Read more