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US Economics Update Inventory adjustment almost over A sharp slowdown in the pace of inventory accumulation weighed heavily on GDP growth in the second half of 2019 but, with that adjustment now largely over, the turning inventory cycle looks set to... 23rd January 2020 · 2 mins read
US Economics Update Monetary Indicators Monitor (Jan.) The Fed’s recent asset purchases and repo auctions have reversed more than half of the earlier quantitative tightening. Even so, it is the Fed’s interest rate cuts that have been the far more... 22nd January 2020 · 3 mins read
US Economics Update Wuhan coronavirus spreads to US The new Wuhan coronavirus has apparently already spread to the US – with a first case reported in Washington State – but we don't expect it to cause the sort of panic that hit travel and retail sales... 22nd January 2020 · 2 mins read
US Economics Weekly Trade deal adds to hopes of a more upbeat 2020 The main economic impact of the signing of the Phase One trade deal this week was to further reduce the downside risks to the outlook. But the details of the deal also suggest some upside risk to... 17th January 2020 · 4 mins read