 |
| Prime Rate Prediction |
Prime Rate Forecast
As of right now, our odds are at 70% (somewhat likely) the Federal Open Market Committee (FOMC) of the Federal Reserve will vote to leave the benchmark target range for the fed funds rate (TRFFR) at 4.25% - 4.50% at the May 7TH, 2025 monetary policy meeting, leaving the U.S. Prime Rate at the current 7.50%.
=======
Tariff Worries
Tariff Worries
The NASDAQ Composite Index ended the week at 15,587.79, down 22.73% from its December 16, 2024 record-high of 20,173.89: 🐻 Bear market.📉
Meanwhile, the DJIA and S & P 500 Indexes slipped closer to bear-market territory; both ended the week in the correction zone.
Meanwhile, the DJIA and S & P 500 Indexes slipped closer to bear-market territory; both ended the week in the correction zone.
Investors have responded to the current administration's expanding tariff war.
Some A+ insights from a recent Fortune.com article:
Some A+ insights from a recent Fortune.com article:
"...The biggest winners from the tariffs, [Ford CEO Jim Farley] suggested, won’t be domestic automakers but Asian rivals that would face little additional impact..."
"...With 25% increases in the cost of parts, inflation would surge in maintenance and repair and insurance, which vehicle owners are already struggling to handle..."
=======
And here's a detailed "Tariff Timeline" compiled by the superlative folks at USA Today.
========
DOGE Dismissals
Job cuts surged last month.
Total layoffs rose from a massive 172,017 cuts during February, to a whopping 275,240 during March of this year...😓
DOGE-related terminations were 216,670... ▽ CHARTS ▽
 |
| CHART: Job Cuts - March 2025 UPDATE Copyright © 2025 Challenger, Gray and Christmas, Inc. |
=======
 |
| CHART: Job Cuts by Reason - March 2025 UPDATE Copyright © 2025 Challenger, Gray and Christmas, Inc. |
=======
Stay tuned...
=======
The United States Prime Rate was lowered to the current 7.50% on December 18, 2024.
SUMMARY
No comments:
Post a Comment