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Published on Wednesday, October 24, 2018 | Updated on Thursday, October 25, 2018

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U.S. Economic Outlook. October 2018

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Summary

Economic conditions remain consistent with high growth in 2018 & 2019, upside risks to inflation contained. FOMC remains poised to raise rates in December. Baseline assumes three additional increases in 2019. Labor market slack continues to decline, as unemployment rate nears 50 year lows at 3.7%.

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