Don’t Count on the Fed to Rescue The US economy
Trump’s full-frontal assault on free trade is nothing short of breathtaking—for its scope, its scale, and its wilful lack of nuance. The average tariff is...
Tag: recession
Powell’s Slow Dismantling of Rate Hikes: A Measured Stroll Through Economic Uncertainty
With the fading echoes of the global inflation shock now receding, the trend towards lower borrowing costs seems poised to gain momentum as economies face...
The Fed remains inflexible, but does it still have a course?
Two Federal Reserve officials reinforced their message in favour of higher interest rates and for a longer period, stressing the need for patience as the...
Why an American Recession Should Remain the Main Scenario
Could the Fed be wrong? In its recent projections, including the one for 2024, with a 50 bps decrease, the central bank no longer considers...