Investment Executive on Nostr: Political risks shadow slowing U.S. economy ========== Geopolitical risk is ...
Political risks shadow slowing U.S. economy
==========
Geopolitical risk is intensifying as the U.S. economy shows signs of slowing, according to Fitch Ratings. Tighter monetary policy is impacting the U.S. labor market and demand, leading to weak credit growth and slowing consumer spending. Despite the slowdown, real GDP growth is expected to remain above recession territory. The Bank of Canada, the European Central Bank, and the Swiss National Bank have started to cut rates, while the Federal Reserve is expected to make two rate cuts in the second half of 2024. However, geopolitical uncertainty, including the upcoming U.S. election and broader geopolitical tensions, poses a significant risk to the economic outlook. A direct conflict in one of the geopolitical hotspots could have a major negative impact on credit. Geopolitical tensions are also likely to affect trade and investment policies, capital flows, supply chains, and foreign direct investment.
#UsEconomy #GeopoliticalRisk #FitchRatings #MonetaryPolicy #CreditGrowth #ConsumerSpending #GdpGrowth #FederalReserve #UsElection #GeopoliticalTensions
https://www.investmentexecutive.com/news/research-and-markets/political-risks-shadow-slowing-u-s-economy/
==========
Geopolitical risk is intensifying as the U.S. economy shows signs of slowing, according to Fitch Ratings. Tighter monetary policy is impacting the U.S. labor market and demand, leading to weak credit growth and slowing consumer spending. Despite the slowdown, real GDP growth is expected to remain above recession territory. The Bank of Canada, the European Central Bank, and the Swiss National Bank have started to cut rates, while the Federal Reserve is expected to make two rate cuts in the second half of 2024. However, geopolitical uncertainty, including the upcoming U.S. election and broader geopolitical tensions, poses a significant risk to the economic outlook. A direct conflict in one of the geopolitical hotspots could have a major negative impact on credit. Geopolitical tensions are also likely to affect trade and investment policies, capital flows, supply chains, and foreign direct investment.
#UsEconomy #GeopoliticalRisk #FitchRatings #MonetaryPolicy #CreditGrowth #ConsumerSpending #GdpGrowth #FederalReserve #UsElection #GeopoliticalTensions
https://www.investmentexecutive.com/news/research-and-markets/political-risks-shadow-slowing-u-s-economy/