Fed's Bostic (2027 voter, retiring in Feb) says choppy jobs data adds to case for Fed caution
Fed's Bostic's comments highlight growing concerns about the robustness of U.S.
ECB President Lagarde urged EU politicians to push through structural reforms, including a savings and investment union, digital Euro and deeper market integration, noting price stability alone won’t make Europe stronger without broader policy action
US President Trump and Chinese President Xi summit set for first week of April, Politico reports; The summit could be the first of four meetings this year between the two leaders
Fed's Bostic (2027 voter, retiring in Feb) says choppy jobs data adds to case for Fed caution
US FX WRAP: Dollar sold to benefit of global peers as Yen rallies post-election
Target (TGT) reportedly boosting investment in store staffing to help fix customer experience but will cut c. 500 other roles in the process, via CNBC
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- Starting to see questions about confidence in the US Dollar.
employment data, reinforcing a cautious stance on monetary policy. This could suggest that the Fed is less likely to pursue aggressive rate hikes, potentially weighing on the U.S. Dollar as confidence wavers. Traders should monitor how this sentiment influences risk appetite and USD performance in the near term.
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