Tariff Uncertainty to Stay Longer Than Expected; Tariff Costs to Go Higher

Published on March 31, 2025

We were in the camp that the new administration was using the threat of tariffs as an instrument to negotiate deals with other countries, especially with our largest trading partners, Canada and Mexico.

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US Department of Labor appoints Julia Pollak as Chief Economist

March 31, 2025
WASHINGTON – The U.S. Department of Labor today announced the appointment of Julia Pollak as Chief Economist. In this role, she will lead the department’s economic research and provide analysis on labor-related policies and programs.“I am honored to serve this administration and contribute to the Department of Labor’s mission,” said Pollak. “In this pivotal moment for the American workforce, I loo

Treasury Yields Snapshot: March 28, 2025

March 31, 2025
The yield on the 10-year note ended March 28, 2025 at 4.27%. Meanwhile, the 2-year note ended at 3.89% and the 30-year note ended at 4.64%.