2019-05-07 09:30:00 Tue ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
The Trump team receives a 3.2% first-quarter GDP boost as Fed Chair Jay Powell halts the next interest rate hike in early-May 2019. This smooth upward economic trajectory exceeds most stock market expectations and projections of about 2.5% real GDP growth as of 2019Q1. Moreover, this favorable rebound puts to rest prior pervasive investor fears of an economic recession. This key economic momentum arises without fresh inflationary pressure. As core CPI inflation continues to hover near the 2% target level and the U.S. economy operates with lower unemployment near 3.6%, the Federal Reserve remains patient on the next round of interest rate adjustments after mid-2019.
In the current economic scenario, there is no clear trade-off between inflation and unemployment as the New Keynesian Phillips Curve (NKPC) might indicate. The Phillips curve seems to substantially flatten in recent years, thus the U.S. economy operates near full employment with low inflation. This economic outlook resonates with the Federal Reserve dual mandate of maximum sustainable employment and price stability. Meanwhile, the greenback depreciates a little for U.S. export prices to remain competitive in the global economic landscape. These positive economic events can contribute much to the Trump economic scorecard for his presidential re-election in 2020.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2025-10-10 12:31:00 Friday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2022-04-15 10:32:00 Friday ET
Corporate investment management This review of corporate investment literature focuses on some recent empirical studies of M&A, capital investm
2024-04-30 09:30:00 Tuesday ET
With clean and green energy resources and electric vehicles, the global auto industry now navigates at a newer and faster pace. Both BYD and Tesla have
2023-08-21 12:25:00 Monday ET
Steven Shavell presents his economic analysis of law in terms of the economic outcomes of both legal doctrines and institutions. Steven Shavell (2004)
2018-05-10 07:37:00 Thursday ET
Top money managers George Soros and Warren Buffett reveal their current stock and bond positions in their recent corporate disclosures as of mid-2018. Georg
2018-08-31 08:42:00 Friday ET
We share several famous inspirational stock market quotes by Warren Buffett, Peter Lynch, Benjamin Graham, Ben Franklin, Philip Fisher, and Michael Jensen.