January 11, 2016
In the U.S., unprecedented levels of economic stimulus appear to have paid off. GDP has shown slow, but steady, growth, unemployment is below levels experienced prior to the Great Recession and the Federal Reserve is taking its initial step away from a zero-interest rate policy for the first time since December 2008.
December 11, 2015
Volatility returned to the markets in a big way in the third quarter as new concerns from abroad called into question the strength of the global recovery and the timing of an eventual increase in interest rates by the Federal Reserve.
March 31, 2015
We continue to expect an improving trend in economic growth in the U.S. and abroad. While this trend should lead to higher interest rates in the U.S. this year, the pace of policy tightening will likely be gradual. Lower energy prices will further support global GDP growth.