(Bloomberg) While investors have been increasingly worried about the potential for a U.S. recession by 2020, central bankers next week are likely to project the nine-year-old expansion lasting a few more years. Federal Open Market Committee participants at the close of a two-day meeting on Sept. 26 will give their first projections for growth, inflation and the target interest rate for 2021. Their forecasts are likely point to slowing growth but no downturn, Deutsche Bank AG economists led by Peter Hooper in New York argue in a report Thursday.
Fed Likely to Push Aside Recession Worry in Unveiling 2021 View
This entry was posted in Syndicated. Bookmark the permalink.
