News list for " slok"

Torsten Slok of Apollo, the asset manager, said in a note that the Fed was likely to change course and not cut rates at all as data continued to show that the US economy remained relatively strong. "The Atlanta Fed's forecast for third-quarter GDP is currently 3.4 per cent, and the bottom line is that the economy will continue to expand," he said. Mr. Slok argued that the economy benefited from factors such as a dovish Fed, the looming end of election uncertainty and easing geopolitical risks. T...

2024-10-21 23:23:36