Move sparks backlash, support for Fed independence
Rising geopolitical risk threatens to undermine rules-based economic system
Also, the CBO projects that real GDP growth in the U.S. will rise to 2.2% in 2026
Forecasts revised up as stronger-than-expected Q3 data emerges
Rating agency sees an array of risks lurking under a placid surface
Fitch has a neutral outlook for global banks, amid resilient economy
The bank’s Monetary Policy Committee was divided on whether to cut interest rates
Economists now think the rate could stay at 2% for months — and possibly into 2027
Growth will be challenged by a record drop in students, temporary workers
Despite uncertainty, modest growth, declining rates to support credit: Fitch