Daily Archives: Feb 19, 2020 at 07:14 am EST

Is Pressure Building For Another US Rate Cut?

Looking at a select set of recent economic releases suggests the US economy is humming along, providing room for the Federal Reserve to let current monetary policy glide forward on autopilot. But a closer look at key trends in the Treasury market and the monetary base – along with the economic challenges roiling China and increasingly spilling out to the global economy – suggest the future may be more uncertain and risky than widely assumed with respect to evaluating the case for rate changes.

Continue reading

Macro Briefing | 19 February 2020

China faces increased risk of an economic crisis: CNBC
Sanders leads by wide margin in new national poll: CNBC
Trump announces multiple pardons and commutations: Politico
China expels 3 Wall Street Journal reporters: NY Times
The global economy is closing its doors to China amid virus outbreak: WSJ
Hong Kong faces first back-to-back annual recession: Bloomberg
Is Bloomberg LP for sale? It is if Mike Bloomberg is elected president: WSJ
NY Fed manufacturing Index rises to 9-month high in February: MW
US home builder sentiment dipped in February but remains strong: NAHB