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With the FDA approving a COVID-19 vaccine, the U.S. economy may be one step closer to recovering from the pandemic. Steven Skancke joined other industry experts to reflect on the scope for economic recovery in the coming years.
Read the ArticleSteven Skancke is Keel Point’s Chief Economic Advisor and works in Keel Point’s Washington D.C. office. He has over 40 years of experience and has formerly served on the U.S. Treasury’s economic policy team and the White House National Security Council.
The public and political rhetoric around the debt ceiling standoff contains statements that are not fully accurate or well understood. Many of the more disconcerting assertions are made to pressure Congress to increase the debt limit without conditions for spending...
As expected, the Fed raised the Fed funds rate by ¼% to a 5.00% to 5.25% target range this past week and signaled that this rate hike is likely to be its last – unless…. Its announcement dropped previous language that “some additional policy firming may be...
The U.S. economy grew at an annual rate of 1.1% in the first quarter of 2023 which was slower than expected, reflecting lower business investment in new plant, equipment and inventories. Stock markets responded positively to this news and closed up for the week. Q1...