Our latest economic forecast for interest rates, inflation, and GDP growth. 

The actions of the Federal Reserve will impact Australian Investors. Our latest economic forecast for interest rates, inflation, and GDP growth.

We see steep Fed rate cuts coming in 2024 as inflation subsides.

But with inflation likely to ease as the economy slows, we see the Fed cutting rates around the year end.

US interest rates are now at their highest since 2007, but Morningstar expects hefty rate cuts in 2024 and 2025

A tightening of bank lending could tilt the balance on the economy and future rate hikes or cuts.

Morningstar's Preston Caldwell maps out four potential near-term scenarios for the US economy.

A default on US government debt isn’t likely, but should one happen, here’s what the damage could look like.  

Powell stays hawkish on the inflation fight, but the markets are looking for a less restrictive Fed next year.

As the battle against rising prices gets even more urgent, risks of recession rise.