TD Securities Sees Sideways US Growth, Sticky Inflation Keeping Fed on Hold
TD Securities economists expect US output growth to move sideways in 2026 as lingering oil shock and Iran-related risks keep the Federal Reserve on hold.
TD Securities' US economists Oscar Munoz and Eli Nir forecast that US economic output growth will stagnate through 2026. They point to the lingering effects of an oil shock and Iran-related geopolitical risks as key factors.
The analysts believe these persistent inflation pressures will keep the Federal Reserve from adjusting rates, extending the pause in monetary policy. The outlook suggests that sticky inflation may prevent the central bank from easing even if growth stagnates.
Source: FXStreet Forex News