New forecast of the US Federal Reserve on the US economy

The Fed updated the forecast for the main indicators of the US economy

– the forecast for GDP growth in 2017 is 2.4% – 2.5% (previously 2.2% – 2.5%)

– the forecast for GDP growth in 2018 is 2.2% – 2.6% (previously 2.0% – 2.3%)

– the forecast for GDP growth in 2019 is 1.9% – 2.3% (previously 1.7% – 2.1%)

– the forecast for the unemployment rate in 2017 is 4.1% (previously 4.2% – 4.3%)

– the forecast for The unemployment rate in 2018 is 3.7% – 4.0% (previously 4.0% – 4.2%)

– the forecast for the unemployment rate in 2019 is 3.6% – 4.0% (previously 3.9% – 4.4%)

– The inflation forecast for personal consumer spending in 2017 is 1.6% – 1.7% (previously 1.5% – 1.6%)

– The inflation forecast for personal consumer spending in 2018 is 1.7% – 1.9% (previously 1.8% – 2.0%)

– The inflation forecast for personal consumer spending in 2019 is 2.0% (previously 2.0%)

* The presented market analysis is informative and does not constitute a guide to the transaction.

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