Price growth edges lower despite reasonable economy
Insight
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
