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New forecast of the US Federal Reserve on the US economy

The Fed updated the forecast for the main indicators of the US economy

- the forecast for GDP growth in 2017 is 2.4% - 2.5% (previously 2.2% - 2.5%)

- the forecast for GDP growth in 2018 is 2.2% - 2.6% (previously 2.0% - 2.3%)

- the forecast for GDP growth in 2019 is 1.9% - 2.3% (previously 1.7% - 2.1%)

- the forecast for the unemployment rate in 2017 is 4.1% (previously 4.2% - 4.3%)

- the forecast for The unemployment rate in 2018 is 3.7% - 4.0% (previously 4.0% - 4.2%)

- the forecast for the unemployment rate in 2019 is 3.6% - 4.0% (previously 3.9% - 4.4%)

- The inflation forecast for personal consumer spending in 2017 is 1.6% - 1.7% (previously 1.5% - 1.6%)

- The inflation forecast for personal consumer spending in 2018 is 1.7% - 1.9% (previously 1.8% - 2.0%)

- The inflation forecast for personal consumer spending in 2019 is 2.0% (previously 2.0%)

* The presented market analysis is informative and does not constitute a guide to the transaction.

The material has been provided by InstaForex Company - www.instaforex.com