Lower rates needed to offset demographic, financial headwinds
Wholesale sales dropped 0.2% to $83.6 billion in December; wholesale sales were down 0.8%
Surging markets highlight risk of decoupling from economic reality
Underlying outlook is positive, but tariffs a dark cloud for housing
On Tuesday, the central bank chair said the Fed is 'well positioned' to deal with risks, uncertainties
Weather-related shocks have different impacts on output, inflation, BIS finds
Early indications point to progress on immigration, but goals remain distant
Economic fallout would weigh on banks' credit quality, driving loan losses
Weaker core inflation offsets rise in energy price pressures
Exercise will examine turmoil driven by geopolitics, trade uncertainty
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