April 7, 2017

US Economic Update: April 2017

Investment indicators looking better

Key points:

  • While March quarter GDP is likely to be weak, activity is expected to rebound over the rest of the year.
  • The Fed is flagging that it will start unwinding its QE asset purchases later this year.
  • We still expect two more fed fund rate hikes this year, most likely in June and September.

For further details please see the attached document

US Economic Update (PDF, 114kb)