US Dollar weakens due to tariff concerns, Fed worried about inflation impact.

From Investing.com: 2025-03-28 06:38:00

Investors remain concerned about the impact of Trump’s tariffs on economic growth as the dollar weakens against most of its peers. Fed officials express worries about inflation and the impact of tariffs on US businesses and consumers. Expectations for rate cuts increase amid uncertainty.

In Japan, BoJ policymakers are divided on when to raise interest rates again, with some members worried about global and domestic economic risks from Trump’s tariffs. Tokyo inflation numbers keep expectations for a rate hike well anchored.

On Wall Street, stocks slip after Trump’s auto tariffs announcement, with car manufacturers and parts suppliers taking a hit. Gold continues to soar to new records as risk aversion deepens amid trade war fears.



Read more at Investing.com: US Dollar Falls on Tariff Woes, PCE Inflation in Focus