
March 2025 Macro Update: Fed Holds Rates, Trump Pressures Cuts, and Recession Risks Loom
The week of March 17–21, 2025, delivered a whirlwind of macroeconomic signals—some reassuring, others raising red flags. From the Federal Reserve holding interest rates steady, to Donald Trump once again testing the boundaries of central bank independence, to mixed investor sentiment driven by global trade tensions—the economic