Presentation U.S. Economic Outlook. First Quarter 2017

Summary

The Fed in recognizing the underlying strength of the economy is all but certain raise rates in March and embark on a more aggressive tightening schedule in 2017. Full employment on horizon, as the unemployment rate trends at 4.8%. If improvements in labor market continue at current pace the approximately 1 million left out of the labor force should be absorbed by 2018

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