Cookies on the
Capital Economics
Website
We use cookies to ensure that we give you the best experience on our website. Click continue to confirm that you are happy to continue to receive cookies on the Capital Economics website. Alternatively, if you would like to, you can change your cookie settings.

Capital Economics

The leading macroeconomic research consultancy

US Economics Weekly

US Economics Weekly

Fed still too hopeful on growth

Even after the downward revision announced at last week's first ever post-policy meeting press briefing, the Fed's new forecasts for economic growth still look a bit optimistic. In the light of the weak start to the year, we now expect the economy to grow by 2.5% this year, down from our previous forecast of a 3% expansion. If we're right, the Fed will not take any steps to tighten policy this year, and perhaps not even next year either. 

Access to the full article is restricted to Capital Economics clients only.

If you are a client, please log in below to view this article.

Not a client?

To become a client, take a FREE Trial to receive information on services available from Capital Economics.

> Find out more
Close

Capital Economics

The leading macroeconomic research consultancy

The selected article is from our PUBLICATION NAME HERE publication, which is available as part of our SERVICE NAME HERE service.

SERVICE NAME HERE

SERVICE NAME HERE

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam tortor lacus, fringilla eget vehicula id, sodales at felis. Phasellus porttitor nibh et nisi tempor viverra. Nullam sapien est, varius ut porta vitae, dignissim varius.

> Find out more