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12.12.201910:14 Forex Analysis & Reviews: The Fed's forecast on the US economy for 2020-21

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

- forecast on GDP growth for 2019 is 2.1% - 2.2% (previously 2.1% - 2.3%)

- forecast on GDP growth for 2020 is 2.0% - 2.2% (previously 1.8% - 2.1%)

- forecast on GDP growth for 2021 is 1.8% - 2.0% (previously 1.8% - 2.0%)

- forecast on the unemployment rate for 2019 is 3.5% - 3.6% (previously 3.6% - 3.7%)

- forecast on the unemployment rate for 2020 is 3.5% - 3.7% (previously 3.6% - 3.8%)

- forecast on the unemployment rate for 2021 is 3.5% - 3.9% (previously 3.6% - 3.9%)

- forecast on the inflation in personal consumer spending for 2019 is 1.4% - 1.5% (previously 1.5% - 1.6%)

- forecast on the inflation in personal consumer spending for 2020 is 1.8% - 1.9% (previously 1.8% - 2.0%)

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

Jozef Kovach
Analytical expert of InstaForex
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