Echoing a message he delivered last year, Jay Bryson, chief economist of Wells Fargo’s Corporate and Investment Bank warned that federal spending and the government’s ever-increasing budget deficit ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min President Trump's affinity for ...
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Wells Fargo sees a ‘higher-for-longer’ economic outlook with only 2 cuts until 2025 year-end
Wells Fargo analysts see a higher-for-longer inflation scenario where the Federal Reserve cuts rate only twice more until the end of 2025. U.S. core PCE is up 2.8% over the 12 months through October, ...
Recent economic data have eased fears that President Donald Trump’s tariffs aren’t yet causing a downturn or spike in inflation, but Wells Fargo is more skeptical. In a note on Tuesday, economists Tim ...
President Trump's affinity for tariffs casts uncertainty on any economic forecast. Wells Fargo’s economics team now foresees fewer Fed rate cuts occurring this year due to a stronger-than-expected ...
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