James Knightley's Comment & Analysis
A complete archive of James Knightley's articles, including current analysis & comment - Page 3
Big isn’t beautiful when it comes to government debt, but tariffs and the Department of Government Efficiency (DOGE) help to plug the hole left by President Trump’s latest fiscal bill. The net effect...
Trying to work out when the Fed will cut US interest rates - and by how much - is somewhat preoccupying financial markets. Watch what ING's James Knightley thinks.
Are You Thinking What We’re...
Fed Chair Jerome Powell is not only coming under pressure from the President to cut interest rates, but from members of his own team. Nonetheless, with the economy still growing and adding jobs, plus...
A further escalation in Iranian-Israeli tensions could take oil prices above $80 and would mean more upside for the US dollar. The Federal Reserve was already likely to keep rates on hold through the...
Tariff front running led to a drop in GDP in the first quarter, but a subsequent plunge in imports means growth of near 4% looks probable in the second. This masks a slowing in private demand growth...
A respectable jobs market in May with firm employment growth and stable unemployment, but the risks are skewed toward more weakness in coming months as trade uncertainty and concerns for consumer...
Another hold from the Federal Reserve with an acknowledgement that uncertainty has increased with more upside risk for both inflation and unemployment. This suggests little inclination to move until...
US inflation surprisingly undershot pretty much everyone's expectations in March, but higher prices from tariffs and supply chain disruptions are on their way.
After all the volatility and...
Tariffs are meant to reinvigorate US manufacturing, but there is more concern about what they mean for supply chains and the prospect of foreign retaliation right now, amidst signs of a cooling...
Hot inflation and cooling consumer spending are trends that are likely to be intensified by President Trump's aggressive moves on tariffs and government spending cuts. Stagflation fears are rising...