The economy is healthy even as the Fed commences ‘recalibrating’ policy
Insight
March 17, 2017
US Economic Update: March 2017
Jobs growth, business surveys and consumer sentiment all point to an economy in good shape.
Key points:
- Jobs growth, business surveys and consumer sentiment all point to an economy in good shape.
- March quarter GDP growth is looking soft but a weak start to the year has not been unusual in recent times.
- The Fed obviously thinks so, raising the fed funds rate in its March meeting with more ‘gradual’ rate rises to come.
For further details please see the attached document:
