Dollar News (USD)

According to Bloomberg, US small-business owners' optimism fell sharply in March, marking the biggest decline since mid-2022. The decline reflects concerns about economic conditions and sales volumes.

In the current global environment, PineBridge Investments expert Omar Slim prefers to hold cash instead of buying US Treasury bonds due to Donald Trump's tough tariff policies.

The dollar lost ground against the yen on Wednesday. The potential introduction of 104% import tariffs on China by the US administration has unsettled global stock markets. The US President has shown no intention of abandoning plans to raise duties by an additional 50% on Chinese imports.

Jamie Dimon, CEO of JPMorgan Chase, analyzed the economic situation and expressed concern over the US President's new tariff policy. He estimated that the imposed duties will inevitably lead to an increase in both imported and local goods prices, putting more pressure on a slowing US economy.

Adriana Kugler, a member of the Federal Reserve's Board of Governors, stated that President Trump's tariffs currently pose a greater risk to US inflation than to economic growth. A rush by US consumers to purchase goods before tariffs take effect could temporarily boost

Such safe-havens as the Swiss franc and the yen are holding near six-month highs on Tuesday. Meanwhile, the dollar is facing broad losses due to rising market concern over a recession in the US caused by sweeping import tariffs.

Federal Reserve Bank of Chicago (Fed) President Austan Goolsbee is expressing concern about economic tensions arising from a possible escalation of import duties. Global markets experienced a downturn after US President Donald Trump announced a series of sweeping tariffs last week.

An increase of the indicator value may contribute to the rise in quotes of USD.

Traders are predicting five interest rate cuts by the Federal Reserve (Fed) before the end of the year, Bloomberg reports. Such expectations have been formed due to the aggressive tariff measures introduced by the Trump administration.

Goldman Sachs now expects the US GDP to rise only 0.5% in the period from the fourth quarter of 2024 to the fourth quarter of 2025. Besides, the analysts raised the probability of a 12-month recession in the country from 35% to 45%.