As March 2025 unfolds, the economic landscape is poised for scrutiny with the release of Flash PMI data for major economies, including the US, UK, Eurozone, Japan, Australia, and India, on March 24. These indicators will offer early insights into economic conditions as the first quarter concludes. The recent enforcement of new U.S. tariffs has reignited global trade tensions, triggering volatility across financial markets. The manufacturing sector, in particular, will be under the microscope to assess whether February’s uptick was a fleeting moment or the start of a sustained recovery. Investors and policymakers alike will be keenly observing these developments to gauge the trajectory of the global economy.
Former U.S. Treasury Secretary Lawrence Summers has voiced concerns over recent policy decisions, labeling them as “self-inflicted wounds” to the U.S. economy. His commentary underscores the delicate balance policymakers must maintain to foster economic stability and growth.
