Dollar, tariff and March jobs
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President Trump unveiled a sweeping new tariff plan at a Rose Garden ceremony Wednesday, declaring “Liberation Day” for U.S. trade policy.
From Wall Street Journal
Japanese stocks sank on Friday to their lowest levels since last August, and were set for their sharpest weekly drop in five years, as fears of a global recession in the wake of U.S. President Donald...
From Reuters
Traders are ramping up expectations for the Federal Reserve to cut interest rates four times this year, starting with a quarter-point cut in June.
From Reuters
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The March jobs report is set to show a gradual slowdown in hiring. But uncertainty from Trump's tariffs could mean a bigger pullback, more pain ahead
The U.S. dollar struggled to regain its footing with the safe-haven yen hovering near a six-month peak on Friday, as traders took stock of the fallout from President Donald Trump's aggressive and far-reaching new tariff measures.
Federal Reserve Chair Jerome Powell may offer clues about the central bank's approach to inflation on Friday. Powell will be in Arlington, Va., to deliver remarks at the Society for Advancing Business Editing and Writing's annual meeting.
For now, the only (unwilling) subjects of Trump’s “liberation” were investors, who parted with the oppressive weight of their stock returns.
The Trump administration’s efforts to shrink the US government amounted to more than 280,000 planned layoffs of federal workers and contractors across 27 agencies over the past two months, according to data from outplacement firm Challenger,
The job market likely slowed in March but didn't collapse if forecasters are correct about how employers responded to the economic upheavals of the early days of the second Trump administration.
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Investor's Business Daily on MSNDow Jones Futures: Jobs Report, Powell Due After Trump Tariffs Trigger Market's Worst Day Since 2020The S&P 500 and Nasdaq had their worst losses since 2020 while President Trump said his tariff plan is "going very well." The jobs report and Fed chief Jerome Powell loom.
The March jobs report is set for release as markets are in a tailspin following President Trump's stronger-than-expected tariff stance. The Bureau of Labor Statistics' monthly jobs report is expected to show nonfarm payrolls rose by 140,
The Friday jobs report is the other major economic event of the week. This will be the first employment report to fully capture the DOGE-related layoffs and tariff-related uncertainty that has led some companies to scale back hiring.
Elon Musk’s chainsaw has been slashing away at federal jobs since President Trump tapped him to head up the Department of Government Efficiency — reportedly cutting down more than a quarter of a million positions.