From Yahoo Finance: 2025-03-22 16:00:00

US inflation remains a concern for the Federal Reserve as tariffs are set to increase price pressures. Core inflation likely rose to 2.7% in February, with consumer spending and income growth expected to have increased. The Fed kept interest rates unchanged due to uncertainty over the impact of tariffs.

As President Trump plans to announce reciprocal tariffs on April 2, Fed Chair Powell stated the need to monitor the economy’s response. Economic data on durable goods orders and trade will shape first-quarter GDP estimates. Canada awaits economic data amid trade threats from Trump.

In Asia, manufacturing activity and inflation readings will provide insight into economic conditions. Tariffs and demand dynamics continue to impact factory activity. Central banks will release rate decisions and trade data as tensions rise.

In Europe, the UK faces fiscal challenges as inflation and GDP data are released. Germany’s business confidence and Eurozone PMIs will be key indicators. Central banks across Europe and Africa are set to make rate decisions to address economic uncertainty.

Latin America anticipates further rate hikes in Brazil and rate decisions in Mexico. Inflation reports and unemployment data will drive policy decisions. Analysts expect Banxico to cut rates in response to economic challenges.



Read more at Yahoo Finance: Sticky US Inflation and Tariffs Are Keeping the Fed Sidelined