U.S. Economic Outlook. May 2019
Published on Friday, May 31, 2019 | Updated on Friday, June 7, 2019
U.S. Economic Outlook. May 2019
Summary
GDP growth 2.5% in 2019, and 2.0% in 2020. Model-based recessions projections suggest probability around 60%. Low likelihood of Fed rate hike in 2019. Labor market improving in spite growing risks to the outlook. Core inflation stable, headline trending upwards.
Key points
- Key points:
- Current yield curve dynamics mainly driven by flight to safety.
- Geopolitics pressuring oil prices; short-term risks tilted to the upside.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
- GDP
- Interest rates
Authors
Boyd Nash-Stacey
Documents and files
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