The 2.6% annualised gain in fourth-quarter GDP was a little better than the markets were braced for, but the bottom line is that growth has now been slowing for the past few quarters. We expect that...

Fed Chair Jerome Powell reiterated the FOMC’s “patient” mantra in his testimony to Congress today, but we think the Fed is already done hiking interest rates. With GDP growth slowing below potential...

The weak incoming data mean that economic growth is on track to slow below its 2% potential pace this quarter. That kills off any remaining prospect of further Fed rate hikes and, with economic growth...

Next week is shaping up to be a busy one, when congressional testimony by the Fed’s Chair, the delayed publication of fourth-quarter GDP and the second Trump-Kim summit could all be eclipsed by the...