In today's episode, we delve into the Federal Reserve's March 2025 meeting minutes, revealing the decision to hold interest rates steady amidst a challenging economic landscape. We explore the impact of tariffs on manufacturing costs, the potential for stagflation, and the Fed's cautious approach to monetary policy. Join us as we discuss the implications for financial markets and the key economic indicators to watch in the coming months.

Sources:

https://www.federalreserve.gov/newsevents/speech/jefferson20250403a.htm

https://www.nebraskarealty.com/blog/post/will-interest-rates-hit-5--in-2025-

https://www.thestreet.com/economy/inflation-would-like-a-word-please

https://www.federalreserve.gov/newsevents/speech/powell20250404a.htm

https://www.morningstar.com/markets/what-do-new-trump-tariffs-mean-fed-interest-rate-cuts

https://www.foxbusiness.com/economy/trump-calls-feds-powell-cut-interest-rates-stop-playing-politics

https://www.federalreserve.gov/newsevents/speech/kugler20250402a.htm

https://www.investopedia.com/interest-rate-outlook-trump-tariffs-federal-reserve-powell-11709234

https://www.investopedia.com/what-to-expect-in-the-markets-this-week-update-trump-tariffs-dow-11708734

https://www.thestreet.com/economy/markets-cant-wait-forever-for-fed-interest-rate-cuts

https://www.staradvertiser.com/2025/04/01/breaking-news/tariff-woes-depress-u-s-manufacturing-erode-labor-demand/

https://www.federalreserve.gov/releases/h41/20250403

https://www.morningstar.com/markets/what-do-new-trump-tariffs-mean-fed-interest-rate-cuts

https://www.cfodive.com/news/us-manufacturing-output-employment-fall-tariffs-fuel-higher-prices-inflation-GDP-Trump-economy/744151/

https://www.gibsondunn.com/monthly-bank-regulatory-report-march-2025/

https://abcnews.go.com/Business/fed-chair-powell-expects-trumps-tariffs-hike-inflation/story?id=120489662

https://www.cfbenchmarks.com/blog/market-outlook-q2-2025

https://www.federalreserve.gov/newsevents/2025-april.htm

https://www.ismworld.org/supply-management-news-and-reports/news-publications/inside-supply-management-magazine/blog/2025/2025-04/report-on-business-roundup-march-2025-manufacturing-pmi/

https://www.federalreserve.gov/newsevents/speech/kugler20250402a.htm