Simon Kennedy

Stay informed with Simon Kennedy’s coverage and analysis for Fortune.

  • WASHINGTON, DC – JUNE 25: Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to “examine the Semiannual Monetary Policy Report to the Congress” on Captiol Hill on June 25, 2025 in Washington, DC. Powell says that the central bank will wait for clearer economic signals on the effects of President Donald Trump’s tariffs on the economy before cutting interest rates, despite pressure from the President and divisions among Fed officials. (Photo by Kent Nishimura/Getty Images)Finance

    Risk of Powell ouster is underpriced, Deutsche Bank strategist says

    By Simon Kennedy and Bloomberg
  • Jan Hatzius, chief economist at Goldman Sachs & Co., speaks during a Bloomberg Television interview in New York, U.S., on Thursday, Dec. 14, 2017. Hatzius explained why he doesn’t expect to see an inverted yield curve in 2018. Photographer: Christopher Goodney/Bloomberg via Getty ImagesFinance

    Goldman Sachs raises U.S. recession odds to 25% from 15%

    By Simon Kennedy and Bloomberg
  • Janet YellenFinance

    As deficit hits $1.39 trillion, Fitch strips U.S. of ‘AAA’ rating, leaving top economists ‘puzzled’ and White House fuming

    By Benjamin Purvis, Simon Kennedy, and others
  • SINTRA, PORTUGAL – JUNE 27: Jerome Powell, Chair of the Federal Reserve of the United States, is followed by security guards while arriving to participate in the morning session during of the second day of the 2023 European Central Bank Forum on Central Banking on June 27, 2023, in Sintra, Portugal. The President of the European Central Bank Christine Lagarde stated in her opening speech that “Eurozone inflation is very high and is likely to remain so for a long time. However, the nature of the eurozone’s inflation challenge is changing.” The European Central Bank hosts its annual Forum on Central Banking from June 26-28, 2023. This year the Forum addresses the macroeconomic stabilization in a volatile inflation environment. (Photo by Horacio Villalobos#Corbis/Corbis via Getty Images)Finance

    Fed chair Jerome Powell warns that to cool inflation at least 2 more interest-rate increases are probably coming

    By Catarina Saraiva, Alonso Soto, and others
  • James Gorman, chairman and chief executive of Morgan Stanley, following a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. The annual Davos gathering of political leaders, top executives and celebrities runs from January 16 to 20. Photographer: Hollie Adams/Bloomberg via Getty ImagesFinance

    Morgan Stanley says the U.S. economy is heading for a ‘softish’ landing: ‘It’s not looking like a disaster’

    By Simon Kennedy and Bloomberg
  • Liz TrussFinance

    Liz Truss’ economic plan from the 1970s sends the pound back to the 1980s—and piles pressure on the Bank of England

    By Simon Kennedy, David Goodman, and others
  • A display panel shows fuel prices at a gas station in Koserow on the island of Usedom. Due to a reduction in VAT on food and fuel, filling up in Poland is significantly cheaper than in Germany.Finance

    ‘Severe impact’ on global economy from war, sanctions, International Monetary Fund warns

    By Simon Kennedy and Bloomberg
  • NEW YORK, USA - MARCH 22: Famous Charging Bull Statue is seen lonely at the Financial District in New York, United States on March 22, 2020. The "New York State on PAUSE" that executive order is in effect at 8 p.m. Sunday night, March 22nd. All citizens are required to stay home except to buy their needs as medical or necessary supplies. New York has reached to 17,000 Covid19 cases as of today. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)International

    30% GDP drop: Morgan Stanley joins Goldman Sachs in upping estimates of coronavirus economic pain

    By Simon Kennedy and Bloomberg