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’s Qian Wang says the chance of a trade war between China and the U.S. has increased but there is still hope for a deal.
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.