Atlanta Fed lowered its GDP forecast from 2.3% to 1.8%

17 Jan 2020 10:24 AM


The US Federal Reserve lowered its GDP growth forecast from 2.3% to 1.8% during the last quarter of last year. These expectations come after the release of US retail sales data and Tibet indicated a slowdown in personal spending growth in the last quarter from 2.3% to 1.6%.

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