Fed officials will view todays report as showing some cooling in consumer spending which points to less inflationary pressure, Citigroup Inc. economists Andrew Hollenhorst and Veronica Clark wrote after the PCE report Friday. Our view of the US economy is not as optimistic.
Date: Jun 02, 2024
Category: Business
Source: Google
Why OPEC cut oil production and what it means for oil and gas prices
For the US it is not a particularly big concern, but it will be interesting to see if it is sustained and retail gas prices rise, which would matter for headline inflation expectations, Veronica Clark, an economist at Citigroup, told the Financial Times. Those have been coming down so it would be
Date: Apr 03, 2023
Category: Business
Source: Google
Did the stock market 'misinterpret' Fed again? What strategists say about the reaction to the July minutes
he July FOMC were overall balanced, reflecting a committee worried they might provide too little restriction to bring down inflation, but also concerned they might tighten by too much leading to an unnecessarily negative growth outcome, said Citi economists Andrew Hollenhorst and Veronica Clark in
Date: Aug 18, 2022
Category: Business
Source: Google
U.S. employment report seen calming fears over economy
Since the Fed is now very data-dependent, stronger data should give the market more confidence that the Fed will continue hiking in 2019, said Veronica Clark, an economist at Citigroup in New York. We think the Fed will go twice next year.
Date: Dec 07, 2018
Category: Headlines
Source: Google
U.S. retail sales rebound on autos, building materials
The backdrop of strong growth and subdued inflation should keep the Fed on track for continued gradual rate hikes through the first half of 2019, said Veronica Clark, an economist at Citigroup in New York.