The Federal Reserve may continue to be patient before deciding on the next change in monetary policy, but the Treasury market isn’t waiting and has been rapidly adjusting to changing expectations for the economy that reflect forecasts of weaker growth, or worse.
Daily Archives: March 12, 2025
Macro Briefing: 12 March 2025
US job openings rebounded moderately in January. The government reports 7.74 million available positions, signaling relative stability for hiring from US employers. The data, however, does not yet reflect the current headwinds blowing in the economy related to Trump policy shifts in recent weeks. “Unfortunately, the report tells us nothing about how companies will respond to the threat of tariffs and rising uncertainty, and this could take several months to unfold,” says Conrad DeQuadros, senior economic advisor at Brean Capital.
