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US Economics Weekly Data reinforce Fed’s “patient” stance The Fed’s “patient” stance was originally a response to the deteriorating global economic and financial market backdrop, but the dreadful activity data and subdued inflation figures out this week... 15th February 2019 · 1 min read
US Economics Update Smaller tax refunds a risk to first-quarter GDP Even if there are no further delays to the IRS processing tax refunds, we think households are on track to receive perhaps $30bn less in the first quarter than last year, equivalent to 0.7% of... 12th February 2019 · 1 min read
US Economics Update Fading optimism dragging investment growth lower The latest NFIB survey suggests that a combination of rising interest rates and weaker business optimism is beginning to weigh more heavily on investment growth. 12th February 2019 · 1 min read
US Economics Update US government debt unlikely to lose its appeal The news that China’s share of US Treasury holdings has fallen to a 12-year low, alongside the surging Federal budget deficit, has prompted the usual warnings that the US will struggle to find buyers... 11th February 2019 · 1 min read