Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
Markets were buoyant on Friday, the last trading day before Donald Trump’s inauguration on Monday, but there were some signs of jitters on Wall Street.
Lael Brainard, director of the White House National Economic Council, reportedly has declared that the U.S. economy has successfully achieved a soft landing, according to a Friday media report, ...