year: Capital Economics expects U.S. growth to slip to 2% in 2019, from 2.9%. That is relatively subdued in contrast with economists polled by Market Watch, who expect the U.S. economy to register growth of 2.3% in 2019, according to Market Watch. See The economy is off to another shaky start in 2019, but it's not about to collapse Pearce says he is skeptical that lower rates will help to drive a recovery in economic growth this year. The U.S. economist in a Friday research note said it is unlikely that the benefits of easier financial conditions prevailing from lower yields would show up in gross domestic product figures this year. For a start, the recent decline in market interest rates has reversed only part of the prior increase. Still, the 10-year Treasury note yield TMUBMUSD10Y, 0.59% has retreated from a multiyear high at 3.25% in November to 2.55%, following a sharp selloff in risk assets and the Fed's dovish pivot at its January meeting, with its wait-and-see stance reaffirmed in March. The Fed has hiked rates nine times since the end of 2015 and four times in 2018.
(news.financializer.com). As
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