The U.S. economy is beating expectations when it comes to jobs growth and consumer spending. The rate of inflation is slowing but remains at levels not yet warranting monetary policy easing.
It appears Fed Chairman Powell will pull off the very elusive “soft landing” with the probability of recession fading quickly. However, risks to both the upside and downside still exist, including lagging global growth, with China particularly underperforming.
Join us on Feb. 21 when we will discuss the current trends, risks, and possible impact on commodities.