GDP rose by 0.2% q/q (1.0% y/y) marginally weaker than we expected (and in line with consensus).
Article
November 23, 2018
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.
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