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US bank economists see a slower US economy, no recession, & 100bp of Fed cuts from May '24

US bank economists see a slower US economy, no recession, & 100bp of Fed cuts from May '24
The latest from the American Bankers Association’s Economic Advisory Committeecomposed of 14 chief economists from some of North America’s largest banksForecasts, in brief:real economic growth slowing to less than 1.0% annualized over the next three quartersmedian committee forecast does not include any quarterly contractionsconsiderable concerns about a mild recession remain - risks center primarily around the delayed impact of monetary tightening, deteriorating credit availability, and high cr... Read More
Posted: Sep 11 2023, 22:51
Author Name: forexlive
Views: 102512

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