May 30, 2019 — 1 min read
Senior FX Dealer, Mike Houlahan, shares his thoughts on the US economy.
Currency and stock markets are becoming increasingly nervous about the chance of the USA economy falling into recession.
Longer-term US interest rates are dropping sharply as the boost from last year's tax cuts fades and the headwinds from Trump's rising tariffs on China weigh on the outlook.
The trade war is looking more like the new “cold” war and global growth is falling sharply.
Lower interest rates are on the way all around the world and the big question is when will the US Fed start cutting the US cash rate.
Currency markets haven’t factored in US rate cuts yet but that could spark the next big move for currencies.
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