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US Economy
US Economy
UBS strategists see far deeper Fed rate cuts than what markets are pricing
UBS strategists predict that the Federal Reserve will cut interest rates by 275 basis points next year.
November 13, 2023
US Economy
US economy grew at a 4.9% pace last quarter, fastest since 2021
A closely watched measure of underlying inflation, meanwhile, cooled to the slowest pace since 2020.
October 26, 2023
US Economy
Even Jerome Powell is having trouble reading this economy
'By the way, I’m not blessing any particular level of longer-term rates'
October 22, 2023
US Economy
Fed officials prepare to extend rate pause without saying hikes are done
It's too soon to declare victory
October 15, 2023
US Economy
Fed officials head toward another pause after surge in yields
The Fed has finally recognized the fact that the rise in real rates is having an effect
October 10, 2023
US Economy
Jamie Dimon’s 7% rates may come even without the Fed's help
What these headlines miss is the fact that a lot of tightening has already happened since policymakers last raised rates in July
October 01, 2023
US Economy
Morgan Stanley's Ellen Zentner says Fed is done raising rates for now
They’ve got until the end of the year to decide if they’re going to hike further
September 24, 2023
US Economy
Fed signals higher-for-longer rates with hikes almost finished
Powell stressed that policymakers are facing uncertainty, and seemed determined not to give markets any reason to rally
September 21, 2023
US Economy
Americans have almost depleted excess savings, SF Fed study says
Excess US household savings peaked at US$2.1 trillion in March 2021
August 17, 2023
US Economy
US stripped of 'AAA' rating by Fitch as budget deficits swell
The credit grader cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.
August 02, 2023