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20.06.2019 12:42 PM
Fed published a forecast for GDP, unemployment, and inflation for three years

Fed forecast for major indicators of the US economy are as follows:

- the forecast for GDP growth is 2.0% - 2.2% (previously 1.9% - 2.2%) in 2019.

- the forecast for GDP growth is 1.8% - 2.2% (previously 1.8% - 2.0%) in 2020.

- the forecast for GDP growth is 1.8% - 2.0% (previously 1.7% - 2.0%) in 2021.

- the forecast for the unemployment rate is 3.6% - 3.7% (previously 3.6% - 3.8%) in 2019.

- the forecast for the unemployment rate is 3.5% - 3.9% (previously 3.6% - 3.9%) in 2020.

- the forecast for the unemployment rate is 3.6% - 4.0% (previously 3.7% - 4.1%) in 2021.

- the forecast for inflation in the field of personal consumer spending is 1.5% - 1.6% (previously 1.8% - 1.9%) in 2019.

- the forecast for inflation in the field of personal consumer spending is 1.9% - 2.0% (previously 2.0% - 2.1%) in 2020.

- the forecast for inflation in the field of personal consumer spending is 2.0% - 2.1% (previously 2.0% - 2.1%) in 2021.

Jozef Kovach,
Analytical expert of InstaForex
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