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Published on Wednesday, June 20, 2018 | Updated on Thursday, June 21, 2018

United States Economic Outlook. June 2018

Incoming data reaffirms our baseline scenario of moderate to high GDP growth and higher inflation in 2018 & 2019. Federal Reserve poised to raise rates twice in the second half of the year and possibly three times in 2019. We continue to expect above average growth in employment which will push the unemployment rate to 3.6% by 2019.