Greg Daco
EY-Parthenon Chief Economist, Strategy and Transactions, EY
52 stories
37 quotes
People are using their savings, they’re using credit, they’re using wealth, and they’re trying to find different ways to finance their outlays,
The combination of higher rates and higher fuel prices means that sectors with heavy exposure to both are first in the line of fire,
- said Gregory Daco, chief economist at EY-Parthenon, the global consulting arm of Ernst & YoungCNBCcnbc.com/2026/09…
I would expect a modest report, in part because we've seen a significant hit to labor supply from reduced population growth, from aging demographics, from reduced net migration, and that's limiting the the pace of job growth,
- Daco saidCNBCcnbc.com/2026/08…
This is a highly unusual meeting in the sense that we don't really know what the Fed chair's current thinking is,
- said Gregory Daco, chief economist at EY-ParthenonHürriyet Daily Newshurriyetdailynews.com/us/fed…
Chair Warsh’s communication void has encouraged other policymakers to speak more forcefully,
- said Greg Daco, chief economist at EY-Parthenon, Ernst & Young LLPNBC Newsnbcnews.com/business/economy…
After months of upside inflation surprises, patience is wearing thin,
- wrote DacoNBC Newsnbcnews.com/business/economy…
Earlier
The Mighty American Consumer Is Crashing Through Inflation and Driving Growth
Hindustan Timeshindustantimes.com/world/news…His economic polling keeps getting worse by the day
Axiosaxios.com/2026/10…‘It's awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
CNBCcnbc.com/2026/09…The next year, President Donald Trump’s global tariffs raised coffee prices even higher
CNNcnn.com/2026/09…NVIDIA CEO differs from Bill Gates, calls AI a net job creator
Asianet Newsablenewsable.asianetnews.com/busin…Next week's jobs report should also give some clarity on the path for monetary policy, after Federal Reserve Chairman Kevin Warsh doubled down on a stance against inflation even with growing pockets of weakness in the U.S. economy
CNBCcnbc.com/2026/08…Bill Gates is worried about AI, but investors are looking at the upside
Irish Timesirishtimes.com/your/money…The S & P 500 was up 0.5% on the week, with Nvidia's outsized revenue growth projections for fiscal 2028 spilling over into the broader chip sector and lifting memory stocks
CNBCcnbc.com/2026/08…30-year yield hovers near 2007 high as traders weigh Fed decision to holds rates steady
CNBCcnbc.com/2026/07…US government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key interest rate steady, feeding fears that the central bank may not move fast enough to tame a rise in inflation
Guardiantheguardian.com/business/2026…The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta
Hindustan Timeshindustantimes.com/business/th…AI is raising prices for Americans — and not just electricity bills
CNNcnn.com/2026/07…The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta
The Wall Street Journalwsj.com/finance/the…AI is raising prices for Americans — and not just electricity bills
CNNcnn.com/2026/07…US Federal Reserve expected to hold rates steady as inflation swirls
The Manila Timesmanilatimes.net/2026/07…Warsh was chosen to lead the U.S. central bank by Trump, who has made his demand for lower interest rates clear as he has exerted unprecedented pressure on the independent monetary policy making body
Hürriyet Daily Newshurriyetdailynews.com/federal/…Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook
CNBCcnbc.com/2026/06…Kevin Warsh finally won the prize he long pursued: becoming chairman of the Federal Reserve
The New York Timesnytimes.com/2026/06…Between Trump and a hard place: Fed chair Warsh to lead first rate meeting — Latest News
Hürriyet Daily Newshurriyetdailynews.com/between/…The inflation surge is hitting businesses, too
NBC Newsnbcnews.com/business/economy…IRGC commanders dismiss Trump's threats as empty
CNNcnn.com/2026/06…Wholesale prices rose 1.1% in May, more than expected, on surge in energy
CNBCcnbc.com/2026/06…Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week
Aljazeeraaljazeera.com/economy/2026…U.S. Households Have Paid Nearly $450 More Since Iran War Began, Analysis Shows
International Business Timesibtimes.com/us/households…Interest rates on a 10-year U.S. Treasury note are topping 4.44%, up from 3.95% before the war started at the end of February
National Newswatchnationalnewswatch.com/2026/06…The Energy Crisis Will Long Outlast the Iran War
Foreign Policyforeignpolicy.com/2026/06…The analysis, reported by CNBC's Steve Liesman, comes as the war reaches its three-month mark and energy prices remain one of the clearest ways the conflict is spilling into the everyday economy
International Business Timesibtimes.com/us/households…US gasoline market set for fresh test after near-record stock draws
Reutersreuters.com/markets/commoditie…The analysis, reported by CNBC's Steve Liesman, comes as the war reaches its three-month mark and energy prices remain one of the clearest ways the conflict is spilling into the everyday economy
International Business Timesibtimes.com/us/households…Oil prices rise more than 2% as Israel moves further into Lebanon
Reutersreuters.com/business/energy…Strait of Hormuz fallout tightens supplies, keeping fuel prices elevated
Gulf Newsgulfnews.com/business/energy…Gas Prices Fall as Iran Talks Buoy Markets
Newsmaxnewsmax.com/newsfront/gas…Forbes contributors publish independent expert analyses and insights
Forbes UKforbes.com/sites/mattrandolph…America’s confounding consumer
Politicopolitico.com/newsletters/morni…Brass bands in Beijing make way for sticker shock at home as Trump returns to escalating inflation
The Manila Timesmanilatimes.net/2026/05…Despite hopes the summit with Chinese President Xi Jinping could ease tensions, there was no agreement reached to loosen restrictions on the supply of rare earth minerals and magnets
Daily Expressexpress.co.uk/news/world…European firms in China rethink supply chains as Iran war drives up costs, survey finds
South China Morning Postscmp.com/economy/global…As U.S. President Donald Trump and his Chinese counterpart Xi Jinping prepare to talk business and politics later this week, exporters appear less concerned about tariffs and more about hostilities in the Middle East
CNBCcnbc.com/2026/05…Inflation Accelerates as Iran War Drives Up Energy Costs
The New York Timesnytimes.com/2026/05…Skyrocketing gasoline prices tied to the Iran war are erasing Americans' wage gains, with inflation outpacing paycheck growth for the first time in three years
Newsmaxnewsmax.com/newsfront/iran…Iran War Drives Up Business Costs As Economists Warn Of Pressure On Hiring, Investment
International Business Timesibtimes.com/iran/war…HSBC raises 2026 Brent price forecast to $95 per barrel
Reutersreuters.com/business/energy…American businesses are facing higher operating costs and weaker outlooks as the war in Iran continues to disrupt energy markets and supply chains
International Business Timesibtimes.com/iran/war…US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
The Manila Timesmanilatimes.net/2026/05…US adds 115,000 jobs in April as labour market shrugs off energy shock
Financial Timesft.com/content/245e5c30…US jobless claims increase less than expected amid low layoffs
Reutersreuters.com/business/world…U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds
Japan Todayjapantoday.com/category/busine…Spiking central bank dissent risks stoking volatility
Reutersreuters.com/commentary/reuters…Bond investors brace for ‘volatile’ Federal Reserve transition as Powell stays on
Financial Timesft.com/content/f546e4fd…Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah
Axiosaxios.com/2026/04…Fed holds rates steady for third straight meeting as four officials dissent
The Independentindependent.co.uk/news/world…Corporate America Is Minting Money—and Not Just in Tech and Finance
Hindustan Timeshindustantimes.com/world/news…US to keep interest rates unchanged at Fed chair Powell’s final meeting, UAE to follow
Gulf Newsgulfnews.com/business/banking…The Federal Reserve’s two-day meeting, starting Tuesday, could be Chairperson Jerome Powell’s last at the helm of the independent institution
Daily Tribunetribune.net.ph/2026/04…The Next Global Food Crisis Has Already Begun
Foreign Policyforeignpolicy.com/2026/04…Then he shifts to more personal concerns: School fees, household expenses, loan repayments and the money he has been saving for his daughter Varsha’s wedding
Aljazeeraaljazeera.com/economy/2026…The Iran War and the Energy Crunch is Threatening Farmers in India
Bloomberg Newsbloomberg.com/news/newsletters…Iran War Ties Up Fertilizer Exports
The Wall Street Journalwsj.com/livecoverage/iran…America’s frozen jobs market could stay on ice due to Iran war
CNNcnn.com/2026/03…Markets have appeared optimistic in recent days about a potential resolution to the conflict
CNBCcnbc.com/2026/03…Expats fleeing Dubai fear increased UK tax bills
The Timesthetimes.com/uk/politics…US rate outlook suggests mortgages and loans in UAE may stay elevated for longer
Gulf Newsgulfnews.com/your/money…Bank of England to play for time as war brings inflation heat
Reutersreuters.com/business/bank…U.S. Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the U.S.-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness
Hürriyet Daily Newshurriyetdailynews.com/us/fed…Week Ahead: Gulf drives markets
Reutersreuters.com/podcasts/reuters…U.S. Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the U.S.-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness
Hürriyet Daily Newshurriyetdailynews.com/us/fed…Key inflation report expected to show prices eased in the month before the Iran war
NBC Newsnbcnews.com/business/economy…Global oil markets experienced one of the most dramatic swings in recent months as crude prices surged above $115 per barrel before plunging sharply within just 24 hours
Asianet Newsablenewsable.asianetnews.com/busin…BOJ to raise interest rates next quarter with expectations unchanged by Middle East war: Reuters poll
Reutersreuters.com/world/asia…Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected to send consumer costs soaring in the months ahead
The Independentindependent.co.uk/news/federal…US inflation holds steady at 2.4% in February
Irish Timesirishtimes.com/business/2026…Inflation held steady in February — but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape
NBC Newsnbcnews.com/business/economy…White House to Americans: Rise in energy prices over Iran is temporary
Reutersreuters.com/business/energy…A new poll by Reuters in cooperation with Ipsos shows growing pessimism among Americans about the war with Iran and its economic impact
Arutz Shevaisraelnationalnews.com/news/42…Rising gas prices from Iran war imperil Trump's Republican majority in Congress
Reutersreuters.com/business/energy…A new poll by Reuters in cooperation with Ipsos shows growing pessimism among Americans about the war with Iran and its economic impact
Arutz Shevaisraelnationalnews.com/news/42…Gas prices hit above $6 mark, nearly $7 a gallon in one Bay Area city
ABC 7 Newsabc7news.com/post/gas…Surging energy prices caused by the US-Israel war on Iran could ripple across the United States economy, heaping further strain on consumers at a time when cost-of-living issues are already a primary concern
Aljazeeraaljazeera.com/news/2026…Energy costs soar in wake of Trump’s attack on Iran
Financial Timesft.com/content/b3260abb…The long-planned annual meeting -- hosted this year at Trump's Miami-area golf club -- kicks off over a week after he ordered strikes alongside Israel on Iran, prompting retaliatory attacks across the Middle East and sending ripple effects around the world
The Manila Timesmanilatimes.net/2026/03…Oil Prices Tumble After Trump Says Iran War ‘Very Complete’
The Wall Street Journalwsj.com/livecoverage/stock…US Stocks Climb, Oil Falls as Trump Hints War May End Soon
Bloomberg Newsbloomberg.com/news/newsletters…Policy Makers Spring Into Action as Iran War Pushes Oil Above $100
Bloomberg Newsbloomberg.com/news/newsletters…Crude oil prices rocketed above $100 per barrel in volatile trading on March 9, 2026, as the intensifying conflict involving Iran, Israel and the United States disrupted key Middle East supply routes and prompted production cuts by major exporters
International Business Times AUibtimes.com.au/oil/prices…Trump’s War in Iran Roils a Vital Hub of Globalization
Bloomberg Newsbloomberg.com/news/newsletters…Trump’s Venezuela strategy has failed in Iran
Financial Timesft.com/content/7d40b920…Trump’s Iran War Will Compound His Affordability Woes
Bloomberg Newsbloomberg.com/opinion/articles…President Donald Trump had the economic wind at his back at the start of the year: falling mortgage rates, relatively low inflation and cheap oil and gas
CNNcnn.com/2026/03…Ahead of Midterms, Economic Warning Signs Pile Up for Republicans
The New York Timesnytimes.com/2026/03…Leavitt outlines what Trump's 'unconditional surrender' of Iran means
The Independentindependent.co.uk/news/world…Charting the Global Economy: Oil Prices Top $90 on Iran War
Bloomberg Newsbloomberg.com/news/articles…Middle Eastern oil benchmark jumps above $100 a barrel
Financial Timesft.com/content/26c3c809…Iran war threatens Trump's affordability push as rising energy prices complicate Fed rate cuts
NBC Newsnbcnews.com/news/us…Fed’s Waller Doesn’t See Sustained Inflation from Iran War
Bloomberg Newsbloomberg.com/news/articles…US imposes 10 percent tariff after Trump promises 15 percent rate
The Hillthehill.com/homenews/administr…Donald Trump’s new 10 per cent global tariff officially came into force on Tuesday, marking a fresh chapter in the White House’s attempt to rebuild its trade strategy after the US Supreme Court struck down the administration’s earlier sweeping duties
ABP Livenews.abplive.com/business/dona…US customs rolls out new 10% global tariff, lower than Trump's promised 15% levy
Hindustan Timeshindustantimes.com/world/news…Donald Trump’s new 10 per cent global tariff officially came into force on Tuesday, marking a fresh chapter in the White House’s attempt to rebuild its trade strategy after the US Supreme Court struck down the administration’s earlier sweeping duties
ABP Livenews.abplive.com/business/dona…Trump's tariff plan: 10 percent rate takes effect despite 15 percent announcement following Supreme Court ruling
The News Internationalthenews.com.pk/latest/1393502…The US president signed an executive order to impose new levies from February 24 after the Supreme Court in America overturned his previous import taxes policy in a ruling on Friday
The Independentindependent.co.uk/news/busines…