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.
2019-07-23 09:22:00 Tuesday ET
Harvard economic platform researcher Dipayan Ghosh proposes some alternative solutions to breaking up tech titans such as Facebook, Google, Apple, and Amazo
2025-10-31 12:26:00 Friday ET
With respect to wider weight loss treatment and obesity treatment, the global market for GLP-1 medications now grows substantially to benefit more than 1 bi
2019-02-25 12:41:00 Monday ET
Chicago financial economist Raghuram Rajan views communities as the third pillar of liberal democracy in addition to open markets and states. Rajan suggests
2025-10-03 10:31:00 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
2020-05-14 12:35:00 Thursday ET
Disruptive innovators can better compete against luck by figuring out why customers hire products and services to accomplish jobs. Clayton Christensen, T
2024-04-02 04:45:41 Tuesday ET
Stock Synopsis: High-speed 5G broadband and mobile cloud telecommunication In the U.S. telecom industry for high-speed Internet connections and mobile cl