United States Economic Outlook. First quarter 2018
Published on Friday, March 2, 2018 | Updated on Tuesday, March 6, 2018
United States Economic Outlook. First quarter 2018
Summary
In an environment of persistently low inflation and real equilibrium interest rates, the Fed will not be able to raise rates much further, limiting the space to cut interest rates during the next downturn. On average, the Fed has cut interest rates by 500 basis points during recessions.
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- Macroeconomic Analysis
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BBVA Research
BBVA Research
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