United States: Not this time either

The Fed is expected to leave its monetary policy unchanged again. After a few days of severe turmoil, the financial markets have levelled off, resulting in an easing of US monetary and financial conditions.
After the rebound in oil prices came to a halt, inflation prospects have been pulled downward, albeit mildly.
Once again, US cyclical trends – as well as the Fed's analysis – are closely linked to job market trends.

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BNP Paribas Team

BNP Paribas

BNP Paribas Economic Research Department is a worldwide function, part of Corporate and Investment Banking, at the service of both the Bank and its customers.

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