What's Top of Mind in Macro Research_ A significant tariff reprieve, Fed independence concerns, US household balance sheet health

更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha 16 May 2025 | 1:53PM EDT What's Top of Mind in Macro Research: A significant tariff reprieve, Fed independence concerns, US household balance sheet health This week: Transcript Tariffs: a significant reprieve The US-China trade deal announced this week represented a more significant de-escalation in trade tensions than widely expected, which led us to revise our macro and market forecasts across the board. In the US, we raised our growth forecast for this year to 1.0% (from 0 ...