Hear NAB’s senior expert panellists discuss a range of topics to provide key insights to help you and your business prepare for the current property market climate.
December 20, 2018
US Economic Update – December 2018
Economic growth is likely to equal its post-GFC high in 2018.
Overview
• Economic growth is likely to equal its post-GFC high in 2018.
• Growth is expected to slow in 2019 but remain above trend, leading to further falls in the unemployment rate and a gradual lift in inflation.
• As a result, we expect further fed funds rate hikes, but have scaled back our expectations to two more increases over 2019 (from three) and now expect the fed funds rate to peak at 3.0% (previously 3.25%).
For further details download the below report:
US Economic Update December 2018
