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Weekend Edition.

The long way home.

Mar 15, 2025
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“News Item is a must read every morning for any business leader who needs to know what is happening in global capital markets, cutting edge science and technology and the latest national security developments in the world.” — Dina Powell McCormick, Vice Chairman BDT&MSD Partners and former deputy national security advisor.


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1. US consumer sentiment tumbled in March as long-term inflation expectations hit their highest level in 32 years, underscoring worries that Donald Trump’s policies are hitting the economy. The University of Michigan’s consumer sentiment index fell to a preliminary reading of 57.9 in March, the third consecutive monthly drop and the lowest reading since November 2022. Economists expected a smaller fall to 63.1 from 64.7 in February. Inflation expectations one year ahead jumped to 4.9 per cent, their highest level since November 2022. Longer-term inflation expectations leapt to 3.9 per cent from 3.5 per cent, bringing them to their highest level since 1993, according to Bloomberg data. (Source: ft.com)

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