Weekly Economic Commentary

The Inaugural Rate Cut | Weekly Economic Commentary | July 29, 2019

KEY TAKEAWAYS The Fed is expected to cut rates this week for the first time in 10 years. We view any upcoming cut as a policy adjustment, not a response to significant economic weakness. A rate cut could help boost consumption and sentiment and lead to even looser...

Central Bank Check-In | Weekly Economic Commentary | July 15, 2019

KEY TAKEAWAYS Recent Fed commentary reinforces the chance of a July rate cut. Trade tensions and political pressures are forcing global central banks to loosen monetary policy Easing policy may provide a short-term boost, but the global economy needs trade resolution....

Job Market Stands Strong | Weekly Economic Commentary | July 8, 2019

KEY TAKEAWAYS The June jobs report was unexpectedly strong, especially after a disappointing May Labor market strength could buoy otherwise moderate economic prospects. However, the resilient job market could complicate the Fed’s policy debate. Click here to download...

Moderate Growth Ahead | Weekly Economic Commentary | July 1, 2019

KEY TAKEAWAYS Fundamentals continue to support steady but moderate economic growth. Even if growth slows, the U.S. job market continues to be a bright spot. Productivity growth is the key to sustaining a virtuous cycle. Progress on trade is central to our growth...