The Trump administration’s new policies are causing significant economic volatility in the U.S., making it difficult for the Fed to assess the situation clearly enough to adjust interest rates before late spring or summer
There are challenges posed by multiple sources of uncertainty, including tariffs, trade policy, unpredictable inflation, declining consumer sentiment, immigration policy’s impact on the labour force, energy policy, tax reforms, federal spending, and geopolitical tensions.
Tariffs are likely to result in higher prices for American households, who are already grappling with elevated costs.
The Federal Reserve’s next policy meeting is scheduled for March 18-19.
EURUSD seeing some late European buying… perhaps in anticipation of positive comments from the Trump-Putin call… whatever the case, the bounce came from support at 1.0900…
EURUSD 1.09 prints for 6th day in a row (note one exception was a high at 1.0897, close enough0 after trying for a clear path to 1.10. so back to square one.. support at 1.0887 untouched…no appparent news but someone whacked it above 1.0950
actually including “infrustructure” in the description is just a lipstick on debt pig as most of it is for “defense”. Players have already collected rather respectable profits off that sector.
…” 500-billion-euro fund for infrastructure”…
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the traditionally getting-into-debt german is suddenly markets’ darling for sticking its nations neck into a 500-billion euro over next few years debt noose, by some enthusiasts’ calculations to be ballpark 3-4% of GDP.
ieeha, economics and peace prize for president trump goading the german thusly ?
euro 1.0918 as I type, on the longer time frame euro still in strong up trend shouls see S on dips into high 1.08 region if seen
Early EURUED gains (whiuch failed abiove 1,0950) may have been in anticipation of this vote
Parliament to vote on 500-billion-euro fund for infrastructure
Also to vote on easing of strict borrowing rules
Conservatives, SPD and Greens expect to reach majority
Measures would mark tectonic shift in spending