economists
Economists at Macquarie have made a big about-face on their projections for interest rates in 2024. In December, Macquarie said that the Federal Reserve would aggressively cut interest rates in the second half of the year by as much as 225 basis points. Assuming the central bank moves the federal funds…
The US is sitting on the biggest pile of public debt in its history, and economists are getting nervous about it. The mountain of debt is a breeding ground for economic problems, including higher inflation, lower quality of life, and — in the worst-case scenario — a destabilization of the wider…
Russia’s economic resilience in the face of sanctions will be challenged this year, economists say, and they predict that Vladimir Putin could lose the support of the people if the West ramps up sanctions and makes life in the country more difficult. Russia has so far weathered the impact of Western…