7 minute read
Equity and fixed-income investors are responding differently to tariff and fiscal policy uncertainty.
3 minute read
For now, Trump is 'just' insulting Fed Chair Powell, as the Treasury market has pushed back.
Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March.
Powell rebuffed questions about the Fed's future, and his own, but his nebulous comments give the FOMC latitude.