Support for Powell? Goldman Sachs explains in detail why the University of Michigan's inflation expectations are "unreliable".

Goldman Sachs stated that there are significant design flaws in the survey, with a small sample size and few respondents. Political bias and changes in survey methods exacerbate the deviation in inflation expectations, and the survey is particularly susceptible to the influence of tariff news. Goldman Sachs also believes that Federal Reserve officials will not be intimidated by claims of "tariffs causing runaway inflation," and that this year's rise in inflation will not last beyond 2025.

wallstreetcnMar 29 11:38

Risk appetite continues to cool! USA inflation resurfaces combined with a tariff storm, Crediting panic rises to a seven-month high.

Inflation data and tariffs are important factors triggering panic in the Crediting market.

Zhitong FinanceMar 29 11:00

Trump's tariffs increase inflation! Federal Reserve officials: the impact may be more lasting and overall could rise by 120 basis points.

Boston Fed President Collins warned that Trump's tariffs would soon drive up inflation, and the impact may be more lasting. The St. Louis Fed estimates that the overall inflation increase could be as high as 1.2 percentage points.

FX168Mar 29 09:53

The USD has fallen, with data increasing investors' concerns about the risk of an economic slowdown in the USA.

On March 29, after the close on Friday (March 28) in New York, the ICE USD fell by 0.29%, reported at 104.029 points, with a cumulative decline of 0.05% this week and an overall trading Range of 104.668-103.842 points. The Bloomberg USD fell by 0.11%, reported at 1271.92 points, with a cumulative increase of 0.07% this week, and a trading Range of 1268.00-1275.48 points. Economic data from the USA showed that Consumer spending was weaker than expected and inflation Indicators accelerated, causing the USD to weaken against the yen and euro. The lower-than-expected rise in consumer prices in France and Spain also boosted the euro.

Gelonghui FinanceMar 29 06:16

The President of the New York Federal Reserve: Economic uncertainty increases, maintaining appropriate interest rates.

William, the Chairman of the New York Federal Reserve Bank, stated on Friday that it was the right decision to keep interest rates unchanged this week, given the mixed signals from the economic outlook. At a meeting held in the Bahamas, William noted that the economic policy environment has become more uncertain and acknowledged that the path to price stability is fraught with challenges. He stated that maintaining interest rates at a level that helps cool the economy is the right choice, especially with inflation still above the Federal Reserve's 2% target. William recognized that consumers and businesses are feeling concerned again, but reassuringly, long-term inflation expectations have not increased. He cited evidence from macroeconomic research indicating that families...

AASTOCKSMar 29 04:18

Express News | The fog of Trump's policies shrouds the economy, and economists are lowering their expectations for the growth of the USA's economy in 2025.

BreakingsMar 29 00:44