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7 Mar 2025

Fed’s Bowman: Rate decisions will look at jobs, economic activity

Federal Reserve Governor Michelle Bowman, regarded as one of the bank’s most hawkish policymakers, indicated that she might place greater emphasis on labour market indicators when considering future policy decisions.

Key Quotes

Labor market, economic activity will become a larger factor in US central bank policy discussions going forward.

Shocks, structural changes since Covid-19 pandemic may have masked transmission of Fed policy to the economy.

Mar 7, 2025

GBP/USD climbs above 1.2900 following US NFP data

The Pound Sterling registers solid gains versus the US Dollar in early trading on Friday during the North American session, even though the latest jobs report in the United States (US) depicts the economy remains solid.
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Mar 7, 2025

Recession risks rise for US, Canada and Mexico – Reuters

A Reuters poll showed that 70 of 74 economists surveyed suggest that risks for the Mexican, Canadian, and American economies are piling up amid US President Donald Trump's controversial trade policies.
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