Economic Climate: Growth Cooling – GDP growth is projected around 1.6% for 2025, with Q3 still solid but a slowdown expected into late 2025. Inflation Moderating but Sticky – Core PCE inflation is easing, though it remains above the Fed’s 2% target, with risks from tariffs and supply pressures. Labor Market Softening – Unemployment is […]

Economic Climate: August’s economic landscape is marked by pervasive caution. In the U.S., growth is tentative but showing signs of turnaround, and central banks are signaling potential easing. Second-quarter GDP posted a modest rebound (~ 3 % annual rate) after a contraction in Q1, though growth remains sluggish (~1.2 % for H1). However, the biggest […]