The Fed lowers its benchmark rate but stop there
The Fed lowers its benchmark rate to 1.5-1.75%. It says it wants to take a break. It downplayed expectations of another cut this year. The three drops this year are…
Philippe Waechter's blog
The US labor market momentum
US households remain confident about the labor market robust momentum. The “more optimistic” trend is picking up again “It’s easy to find a job” This is rather auspicious for the…
The US monetary policy and the economic’s momentum
The CFNAI index (Fed Chicago) indicates in September that the Fed’s decision to ease monetary policy is not linked to a risk of recession. An index close to -0.7 generally…
Impeachment – The future is not written
According to Rolling Stones, 55% of Americans support the possibility of an impeachment of Donald Trump. If this situation is confirmed by other polls, the choices of Republicans in Congress will…
Some thoughts on US monetary policy*
The US central bank – the Federal Reserve – has trimmed its key interest rate again, marking a further step forward down a new track. Its monetary policy is now…
The Federal Reserve reduces its rate as expected
The Federal Reserve reduced its interest rate by 25 basis points. It is now moving in the 1.75 – 2.00% corridor. The median rate for 2019 remains at the current…
The recession is at the corner
Investors do not see how to exit from uncertainties. They rush on non-risky assets. The recession at the corner #monetarypolicy #recession In the past, when all market rates on the…
The pace of the US labor market is changing
T he US job market has really changed pace in the past six months. It stabilizes but the trend is not on the downside yet. It will be for the…