Fed downgrades U.S. growth forecast and signals no more rate hikes until 2020 - News Summed Up

Fed downgrades U.S. growth forecast and signals no more rate hikes until 2020


“The consensus has moved down in general for 2019,” she said. “But the White House has something going for them: They were right last year. That isn’t an indicator of future returns, as we say, but growth came in stronger than expected last year because of tax cuts and spending increases.”


Source: Los Angeles Times March 20, 2019 18:06 UTC



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