Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing costs would be “a fair bit lower” in 12-18 months from now.” Additional comments Market angst over inflation would be ‘red flag’.
US President Donald Trump said early Monday that he “will impose reciprocal and sectoral tariffs on April 2.” Additional quotes No intention of making exemptions on steel, aluminum tariffs.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, sees volatility abate this week.