"We think it will take until June for the Fed to have clear and convincing evidence inflation will return to the 2% target, and therefore begin cutting rates," Ellen Zentner, the firm's chief economist told clients.
Date: Dec 20, 2023
Category: Business
Source: Google
Stock market news today: Stocks rally after cool inflation print
"October CPI was soft on the services side, and a November print like this would not meet the bar we previously set for an additional hike in December," wrote Ellen Zentner, chief economist at Morgan Stanley. "We think soft inflation and still tight financial conditions will keep the Fed on hold."
Date: Nov 14, 2023
Category: Business
Source: Google
What to Make of the Rebound in the U.S. Jobs Report
Right now, the government is plugging a good deal of that hole for households, but how long will that last, we dont know, said Ellen Zentner, chief U.S. economist for Morgan Stanley. She noted that the unemployment rate will almost certainly still be elevated in August, adding, Its a very tough
Date: Jun 05, 2020
Category: Business
Source: Google
Dow futures drop, briefly hit 'limit down' as investors await a stimulus agreement
U.S. economy have also quickly deteriorated. Economists at Goldman Sachs wrote Friday they expect a 24% contraction for the second quarter after a 6% drop in the first quarter. Morgan Stanley economist Ellen Zentner said in a note Sunday she expects a historic 30% contraction in the second quarter.
Date: Mar 23, 2020
Category: Business
Source: Google
Stocks rise as S&P 500 aims for fourth-straight record close
Also on the radar was a decision by Boeing Co. to temporarily shelve its 737 Max production in January, a move Morgan Stanleys chief U.S. economist Ellen Zentner said would hit the economy hard in the first-quarter.
Trades simmer has begun to boil, business sentiment and [capital spending] have softened further, global growth remains weak and inflation expectations have fallen, Morgan Stanley analysts led by Ellen Zentner wrote on Monday. Heightened market volatility and increased news flow on trade may sof
Date: Aug 13, 2019
Category: Business
Source: Google
Business conditions are at their worst level since the 2008 financial crisis, says Morgan Stanley
domestic jobs growth. Economists for the report, led by Ellen Zentner, wrote that the fall in business conditions is consistent with the slowdown in gross hirings reflected in the latest employment report for May, and raising the risk that weakness in labor demand persists into next months report.
If you look at the benefits of what households are getting from lower [tax] rates, roughly one-third of that is wiped out if these higher gas prices are sustained, Ellen Zentner, the chief US economist at Morgan Stanley, told Politico.