Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The US economy is expecting a mild recession


August, 07 2024
watermark Economic news

The US stock market showed significant volatility last week. After the S&P 500 index fell by 3% on Monday, there was a 1% increase on Tuesday, restoring the Nasdaq's position. 


The VIX index, reflecting expectations of volatility, fell to 28 points after a peak of 60 points on Monday. 


These fluctuations influenced the forecasts for changes in the Fed's interest rates. The futures market expects a rate cut of 136 basis points in 2024 and another 97 basis points in 2025. 


Analysts believe that the current level of interest rates (5.25-5.5%) gives the Fed the opportunity to support the economy. They forecast a 50 basis point rate cut in September and a gradual 50 basis point decline over the remainder of 2024. 


The projected volatility of the S&P 500 in three months is now higher than in a year, indicating growing concerns that the Fed may make a mistake in its monetary policy. 


Despite the weak employment data, analysts consider the probability of a recession to be minimal. They predict a mild slowdown in economic growth in the United States, with growth rates reaching a minimum just below the long-term average.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.