Weekly Market Recap (25-29 March) ...Middle East

MondayFed’s Bostic (hawk – voter) late Friday said that he changed his view and now expects just one rate cuts this year vs. two previously:Economy has proved more resilient than anticipated so much so that he's doubled his expected GDP growth estimate to 2%.Sees little or no change in the current 3.9% unemployment rate.Says 3.9% unemployment was considered an inflationary level not too long ago.Says inflation is falling but more slowly than anticipated, with many items recording outsized price increases.If we have an economy that is growing above potential, and we have an economy where unemployment is at levels that were deemed to be unimaginable with

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