Economists predicted that December's rise will be a temporary blip on a downward path
JPMorgan spends half a billion dollars a year on research
Labour market slack suggests rate hikes can likely wait
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