James Knightley's Comment & Analysis
A complete archive of James Knightley's articles, including current analysis & comment - Page 2
Both manufacturing and service sector ISM headline readings came in weaker than any analysts were forecasting. Business activity is cooling and employment is contracting in both surveys. Price...
There's now a much higher probability that the US Fed will start cutting interest rates soon. ING's James Knightley says our thinking has started to change
US Interest Rate Cuts Could Come Sooner...
Two FOMC members voted for a 25bp rate cut, having openly stated that they agreed with the President there was a case for lower borrowing costs. However, the rest of the committee are reluctant with...
The jobs market continues to hold up despite concerns about a cooling economy, while officials remain nervous about the effect of tariff-induced price hikes on inflation. We see no interest rate cut...
Firmer retail sales and subdued jobless claims numbers suggest the Fed will keep rates on hold for now as officials assess the impact of tariffs on inflation
June Retail Sales Gains Amidst Consumer...
A slightly softer-than-expected June core inflation reading keeps alive the chances of a September Federal Reserve interest rate cut, but the risk is that we get less benign prints for July and...
Growth challenges are mounting while tariffs will lift inflation, but stagflation fears are wide of the mark. The Fed will likely delay rate cuts until the end of the year, despite escalating...
US President Donald Trump’s 90-day trade reprieve is ending. Tariff noise is back, but does it really matter? US inflation has stayed surprisingly benign and the economy is holding up, despite the...
A stronger-than-expected June jobs report indicates no Federal Reserve rate cut before September despite the President’s demands. Nonetheless, households are becoming more pessimistic about...
The ISM manufacturing index remains in contraction territory, but the job vacancy statistics are holding up fairly well, and inflation pressures remain elevated. Fed Chair Powell, speaking in...