US Economic Update – November 2018
Initial indicators for Q4 suggest the economy continues to perform strongly towards the end of 2018.
Overview
- Initial indicators for Q4 suggest the economy continues to perform strongly towards the end of 2018.
- The recent large decline in equity prices is a concern, although increases in other measures of financial stress are not yet at worrying levels.
- As the Fed funds rate moves closer to the Fed’s view of its neutral level, uncertainty around the timing, and extent, of increases in rates is likely to increase.
For further details please see the attached document:
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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.
