JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut

2019-5-25 01:26

By CCN: The other shoe could be about to drop in the economy. JPMorgan economists in a report predict the second quarter will witness slowed economic growth. They’re expecting U. S. GDP to expand by a measly 1%, lower than their original predictions of 2.

25%. During Q1, the economy expanded at a rate of 3. 2%. The economists also analyze the Federal Reserve, marking an equal chance for interest rate hikes as there is for cuts. Originally, JPMorgan economists believed a rate hike would be the next move. Trump has been pushing for an interest rate cut. He recently tweeted: China is

The post JPMorgan Forecasts Dismal 1% GDP Growth, Signals Possible Rate Cut appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Monero Original (XMO) на Currencies.ru

$ 0.4532 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.84 %
Cегодня L: $0.4532 - H: $0.4532
Капитализация $0 Rank 99999
Доступно / Всего 0 XMO

rate jpmorgan economists cut growth gdp economy

rate jpmorgan → Результатов: 3