Vanguard Chief Economist Joe Davis is looking at next week’s Fed meeting for clues about stock returns longer term.
Vanguard has adjusted its outlook for U.S. interest rate policy in 2019. Global Chief Economist Joe Davis explains why the Federal Reserve is likely to raise rates only once this year.
Vanguard Chief Economist Joe Davis sees inflation heading higher, but not too high. Given the moderate outlook for growth and inflation longer-term, the Fed is unlikely to begin raise rates aggressively.
Vanguard Chief Economist Joe Davis looks at the paradox of stagnating productivity and technological innovation.