Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, is urging the US Federal Reserve (Fed) to cut borrowing costs. She argues that current real interest rates are at historically high levels, creating economic pressure.
In May, Germany's factory orders fell by 1.4% compared to the previous month, marking the first decline in four months. The drop was sharper than economists polled by Bloomberg had expected.
In May of this year, the United States' trade deficit increased substantially, reaching $71.5 billion. This growth became possible due to a significant drop in export volumes, despite the observed slowdown in import growth rates.
Analysts at Goldman Sachs Group Inc. have lowered their forecasts for US Treasury bond yields due to increasing expectations that the Federal Reserve (Fed) will ease monetary policy sooner than previously anticipated.
Raphael Bostic, an official of the US Federal Reserve (Fed), called for maintaining patience amid uncertainties in the country's economic development. In his view, a wait-and-see approach on this matter may prompt members of the governing body not to change the course of monetary policy.
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