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.
Existing-home sales rebounded in January, climbing 3.1% to a seasonally adjusted annual rate of 4 million, slightly above consensus expectations for 3.97 million sales.
September's consumer price index, as Moody's Analytics expected, showed a 0.4% monthly increase that held the annual inflation rate at 3.7%.
Federal Reserve Chair Jerome Powell last week emphasized the degree of uncertainty surrounding the outlook for monetary policy, while reasserting the central bank's commitment to not ease up on the brakes until its 2% inflation target is in sight.
U.S. retail sales continue to grow at a modest pace that is barely keeping up with inflation.
The U.S. disinflationary forces gathered steam in June.
The Federal Open Market Committee softened its tone in May's post-meeting statement, a sentiment reinforced within the FOMC meeting minutes.
The Treasury debt limit drama is fast approaching its finale. Congress and the Biden administration have no more than a month before the Treasury runs out of enough cash to pay all of the government's bills on time. Here, we update our analysis of two alternative scenarios that bookend the economic impact if lawmakers do not act in time and there is a breach of the limit.
The 0.25-percentage point rate hike at May's Federal Open Market Committee meeting brings the target range of the fed funds rate to 5% to 5.25%.
The political drama over the Treasury debt limit is suddenly heating up.
Surging interest rates coupled with an increased share of fixed-rate securities over the past year have made many banks vulnerable to evaporating deposits and duration risk.