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US Economics Update Republican stimulus bill only a first step The Republican senators’ fiscal proposals would provide an immediate stimulus worth more than 2% of GDP and help to offset some of the damage to the economy from the coronavirus outbreak. That said... 20th March 2020 · 4 mins read
US Economics Update Fiscal support needed, but Fed still has more to do The Fed’s revival of financial crisis-era programs and a huge ramp-up in the pace of its open-ended Treasury purchases in recent days could help to stem some of the bleeding in financial markets. But... 19th March 2020 · 4 mins read
US Economics Update GDP to plunge in Q2, but hit can still be contained The rapid escalation of measures to contain the coronavirus outbreak suggests that the economic damage will be even larger than we anticipated only a few days ago, and we are now pencilling in a 10%... 18th March 2020 · 3 mins read
US Economics Update Fed unleashes full crisis playbook The Fed’s decision to slash interest rates to near-zero won’t stop the economy falling into a recession, but the package of liquidity-boosting measures will help prevent credit markets seizing up... 16th March 2020 · 3 mins read