Unless there is an unforeseen exogenous shock to US growth, it will be premature to assume that the Fed is close to the end of the monetary policy normalization phase
5 min read5 Dec 2018A slower pace of US Fed rate hikes would weaken the dollar and aid emerging markets, which attract investors by paying higher yields to account for their bigger risk
3 min read22 Nov 2018Economists surveyed expect growth to slow to a 2.6% pace in the fourth quarter, following the best back-to-back gains since 2014
2 min read22 Nov 2018What used to appear a safe way off may be upon us in 12-18 months
1 min read23 Aug 2018The recent bout of financial volatility shouldn’t weigh on the US economy, says Jerome Powell, new chairman of the US Federal Reserve
2 min read28 Feb 2018Twitter posted a surprise gain in revenue, the first growth in four quarters, driven by improvements to its app and added video content that are persuading advertisers to boost spending on the social network
3 min read8 Feb 2018Snapchat’s daily active users rose to 187 million in the quarter that ended 31 December from 178 million in the third quarter, beating analysts’ average expectation of 184.2 million users
3 min read7 Feb 2018Americans came to view working in businesses, from rural areas to cities, as a path to the good life
4 min read11 Sep 2017Maybe, beyond raging asset prices and official statistics, there isn’t a real global economic recovery
4 min read25 Jul 2017Slowdown in US growth is due to low-productivity growth and falling labour force participation
3 min read30 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared