The U.S. economy is booming and near-term prospects have rarely been as strong.
In this webinar, Mark Zandi and the Moody’s Analytics team will examine the tailwinds to growth, including fast-approaching herd immunity, massive pent-up demand, excess saving as well as unprecedented monetary and fiscal policy support. We will also review which regions of the U.S. are leading the country’s recovery, which are lagging, and the reasons why. Finally, we’ll examine the threats, including the prospects for uncomfortably high inflation and interest rates, overvalued asset markets, and the uncontrolled pandemic in much of the rest of the world.
The Federal Open Market Committee this week sent its long-promised advance notice on tapering its $120 billion in monthly asset purchases.
There are the massive legislative efforts to increase spending on infrastructure and fiscal support for a range of social programs and climate change
The rapid aging of the U.S. population is putting a serious strain on the people, institutions and businesses that provide much-needed assistance to the elderly and disabled.
Despite gloomy pandemic news, there are some reasons for continued U.S. corporate earnings optimism.
There were media reports that Treasury Secretary Janet Yellen recently warned House Speaker Nancy Pelosi that lawmakers have until some point in October to raise the debt ceiling before the Treasury exhausts its accounting gimmicks.
On August 26, the U.S. Supreme Court struck down the national eviction moratorium imposed by the Centers for Disease Control and Prevention, setting off a race to get millions of struggling renters the relief they need before being thrown from their homes.
While some are fretting about market liquidity in the U.S. financial system, there's still a whole lot of cash floating around and no immediate cause for concern.
The July meeting minutes of the Federal Open Market Committee didn't shed light on whether the Federal Reserve will announce its tapering plans in September or November.
The potential economic fallout from surging infections and hospitalizations due to the Delta variant of COVID-19 is a downside risk to our forecast for growth in the second half of this year, but the drag should be significantly less than prior waves.
Some Federal Reserve officials expect the economy to reach full employment by the end of next year, which would set the stage for the first increase in the target range for the fed funds rate soon thereafter. Our baseline forecast has the first rate hike occurring in the first quarter of 2023, consistent with market expectation.