Market news
10.01.2019, 09:16

FOMC: Economic Growth Expected to Slow, But Remain Above Trend in 2019

  • Staff Projected 4Q GDP Growth Somewhat Slower than Previous Two Quarters

  • Staff Expects Net Exports Will Be Less of a Drag on GDP in Q4 Than Q3

  • Staff Forecast Total, Core PCE inflation a Touch Below 2% in 2018

  • Staff Lowered 2018 Inflation Forecast Slightly on Recent Energy Price Declines

  • Saw 'Balanced' Risks to GDP, Unemployment Rate, Inflation Forecasts

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