US Economic Update
The Fed has announced further, aggressive, stimulus – extended forward guidance and a new round of QE. The Fed is […]
- The Fed has announced further, aggressive, stimulus – extended forward guidance and a new round of QE. The Fed is also signalling that monetary policy stimulus will be maintained for longer than would normally be the case when the recovery strengthens.
- The latest indicators continue to suggest that the U.S. is experiencing only modest growth.
- In the September quarter we expect growth to be similar to the June quarter pace, before strengthening heading into next year. We are forecasting GDP growth of 2.2% in 2012 and 2.6% in 2013.
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- United States Economic Update (PDF 414KB)
About the Author
Tony joined NAB early in 2011 from the Victorian Treasury where he worked for 12 years on a range of issues, including state budget strategy and forecasting state taxation revenues.
Before this, Tony was in the Commonwealth Treasury for a decade, where he undertook work on macroeconomic forecasting, microeconomic reform and debt management.
Tony grew up in Canberra and graduated (with first class honours) from the Australian National University. He also holds a Masters degree in Applied Finance from Macquarie University.
