US Economic Update – January 2019
Market turbulence to weigh on growth in 2019
- The significant tightening in US financial conditions since October is expected to weigh on US growth over 2019.
- A partial US government shutdown and slowing global growth add to the headwinds.
- While growth may move modestly below trend for a period, recession fears are overblown.
- One consequence is that the Fed is likely to be on hold for the rest of the year.
For further details, please see the attached document.
About the Author
NAB’s Group Economics consists of a leading team of economists who provide accurate, timely and relevant updates on domestic, international and industrial economic trends.
Headed up by the Group Chief Economist, Alan Oster, the team is comprised of three distinct departments:
- Australian economics and commodities
- International economics
- Industry economics
The team publish a wealth of content including reports, surveys, forecasts and indexes.
