Eric BRARD, Laurent CROSNIER, Myles BRADSHAW, CFA
the articles & research center news
Valentine AINOUZ, Sergio BERTONCINI, Roberta FORTES, Silvia DI SILVIO, Annalisa USARDI
According to a survey run among primary dealers by the US Treasury Department in January 2018, the US fiscal deficit would account for $750bn in 2018, $965bn in 2019 and $1025bn in 2020 (far above the numbers indicated in the latest CBO projections made in June 2017, ie before the adoption of the fiscal reform).
Fixed Income and FX Strategy
Eric BRARD, Laurent CROSNIER, Marie-Anne ALLIER, Shinichiro ARIE CFA, Kenneth J. TAUBES, Mauro RATTO
Bastien DRUT, Roberta FORTES, Silvia DI SILVIO, Abhishek GON, Valentine AINOUZ, Sergio BERTONCINI
In our February commentary, “Of bank balance sheets, private and public,” we discussed the forthcoming shrinkage in the Federal Reserve’s balance sheet and wondered whether constraints on private sector balance sheets might be loosened in the near future as well.
Eric BRARD, Laurent CROSNIER, Marie-Anne ALLIER, Shinichiro ARIE CFA, Patrick GUIVARCH, Philip CHOW, Daniel C. DEKTAR, Dan ADLER