Global headwinds will slow
U.S. economic momentum, complicating the Fed's plan to raise interest rates.
Not exact matches
«Strong
economic momentum and accelerating price and wage gains should lead to three more Fed rate hikes this year,» Kathy Bostjancic, head of
U.S. macro investor services at Oxford Economics USA, wrote in response to the survey.
But a long period of
U.S. economic growth could be interrupted in the coming years, despite a historically low unemployment rate of 4.1 percent, and record - shattering
momentum on Wall Street that added trillions to the value of stocks in 2017.
If
U.S. economic growth picks up
momentum, owners may be more inclined to borrow, says Bodhi Ganguli, an economist with Dun & Bradstreet.
Earlier in the session, a report showed
U.S. factory activity increased more than expected in December, in a further sign of strong
economic momentum at the end of 2017.
«The revision reflects increased global growth
momentum and the expected impact of the recently approved
U.S. tax policy changes,» the IMF said in its World
Economic Outlook report, published Monday ahead of the World
Economic Forum in Davos, Switzerland.
Signs of improvement in the U.K., Europe, or Japan would likely support any evidence that
U.S. economic growth is gaining
momentum.
US business groups: «The
U.S. Chamber is very concerned about the increasing prospects of a trade war, which would put at risk the
economic momentum achieved through the administration's tax and regulatory reforms,» Thomas Donohue, CEO of the US Chamber of Commerce, said in a statement.
China's central bank gave a green light to banks to dig into reserves to lend more, signaling government worries about slowing
momentum for
economic growth amid rising trade tensions with the
U.S.
«The overall
economic momentum is slowing both for the
U.S. and California,» said Sung Won Sohn, an economist at Cal State Channel Islands.
The
U.S. tax overhaul and spending plans have lit a fire under earnings growth, which was already gaining
momentum on the back of
economic strength.
Not only were valuations getting pretty close to fair value on the Rule of 20 scale (19.2 in 04» 10, 18.7 in 04 ’11 and 17.3 in 03» 12, the latter admittedly more reasonable), but
economic momentum stalled, leading to a soft patch and rising investor concerns, aggravated by political chaos in Europe and the
U.S.
The
momentum factor — securities with strong recent price gains — has outperformed in
economic expansions, our Factor - based Strategies Group's analysis of
U.S. factor performance since 1990 suggests.
If those trends continue it could be enough to take the air out of a
U.S. economic recovery that was just gaining
momentum.
Economic growth in the
U.S. and around the world gained
momentum throughout 2017, fueling some eye - popping gains in global stock markets and encouraging optimism for consumers.
U.S. retail sales barely rose in November as households cut back on purchases of motor vehicles, suggesting some loss of
momentum in
economic growth in the fourth quarter.
As the
U.S. economy enters the second quarter of 2018, the positive
economic momentum continues,
U.S. business confidence remains high, along with consumer confidence, jobless claims are near a generational low and the ISM Manufacturing Index is at record levels as well.