NAB’s Wellbeing Index rebounded solidly in the June quarter, after falling to its lowest point in the history of the survey. Pressures remain. But the effort required has eased.
Report
May 18, 2017
US Economic Update: May 2017
A slow start to the year…again.
Overview:
- GDP growth was sluggish at the start of 2017 but other indicators are more positive, and we expect to see a rebound over the rest of the year.
- The Fed is likely to increase the fed funds rate at its June meeting, but the recent slowdown in inflation has the increased the risk of a delay.
For further details please see the attached document
