Interview: Seth Carpenter on the US outlook, trade and a ‘disingenuous’ Fed
UBS chief US economist and former Fed director of monetary affairs sees a gloomy outlook for first half of 2020
The US economy is set for a sharp slowdown in the first half of next year, according to Swiss bank UBS, as trade disputes accelerate pre-existing structural challenges facing the economy.
Central Banking caught up with UBS’s chief US economist, Seth Carpenter, in New York last week. Carpenter was deputy director of monetary affairs at the Federal Reserve Board, where he spent 15 eventful years from 1999 to 2014. He later moved to the US Treasury department as acting assistant secretary for
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