New Fed forecast for the US economy from June 13, 2018

New Fed forecast for the US economy from June 13, 2018

– Forecast for GDP growth in 2018: 2.7% – 3.0% (previously 2.6% – 3.0%)

– Forecast for GDP growth in 2019: 2.2% – 2.6% (previously 2.2% – 2.6%)

– Forecast for GDP growth in 2020: 1.8% – 2.0% (previously 1.8% – 2.1%)

– The forecast for the unemployment rate in 2018: 3.6% – 3.7% (previously 3.6% – 3.8%)

– The forecast for the unemployment rate in 2019: 3.4% – 3.5% (previously 3.4% – 3.7%)

– forecast for unemployment in 2020: 3.4% – 3.7% (previously 3.5% – 3.8%)

– The forecast for inflation of personal consumer spending in 2018: 2.0% – 2.1% (previously 1.8% – 2.0%)

– The forecast for inflation of personal consumer spending in 2019: 2.0% – 2.2% (previously 2.0% – 2.2%)

– The forecast for inflation of personal consumer spending in 2020: 2.1% – 2.2% (previously 2.1% – 2.2%)

The material has been provided by InstaForex Company – www.instaforex.com