iSAM Expands UK Presence with Move to New London Headquarters

Happy St. Patrick's Day! We have a busy week ahead, with Wednesday as the main focus when we hear from the Fed. While the Federal Reserve isn’t expected to change interest rates at this week’s meeting, any remarks from Jerome Powell or changes to the dot plot projections will be in the spotlight.

Domestic news is in the headlines today as the UK economy unexpectedly shrank at the start of 2025, piling fresh pressure on the Labour government over the lack of momentum since it returned to power. Gross domestic product fell 0.1% in January, hit by declines in manufacturing and construction. Chancellor Rachel Reeves is under pressure to deliver on March 26.

Meanwhile, in US political news, Senate Democratic leader Chuck Schumer said his party would block a Republican spending bill to avert a government shutdown on Saturday and urged the GOP to accept a Democratic plan to provide funding through April 11 instead.