Earlier this week we published our US Outlook. We expect the incoming Trump administration’s policies to have a mildly stagflationary impact on the economy. Assuming that Trump introduces tariffs and...

The Fed did cut interest rates by an additional 25bp today, as was largely expected, taking the fed funds rate down to between 4.25% and 4.50%. But the vote was not unanimous and, in a hawkish shift...

The tame November price data has soothed concerns about a resurgence in price pressures, giving the green light for the Fed to cut interest rates by 25bp at next week's meeting.

The data releases this week provided some support for our view that the Fed will cut interest rates by 25bp at its next meeting, rather than pause, although next week's price data will be the deciding...