Deutsche Bank cut US GDP forecasts on Wednesday

Discussion in 'Economics' started by Nighthawk, May 10, 2017.

  1. Deutsche Bank cut US GDP forecasts on Wednesday
    Wed 10 May 2017 22:41:48 GMT
    Author: Eamonn Sheridan | Category: News
    [​IMG]

    The bank cuts its 2017 US GDP forecast to 2.5% (from 2.7%)
    • and for 2018 to 2.25% (a huge slash from their previous forecast at 3.25%)
    DB saying they see passage of any substantial tax cut or fiscal stimulus legislation in the Congress as "much less likely" than was expected following the election results last year

    http://news.forexlive.com/!/deutsche-bank-cut-us-gdp-forecasts-on-wednesday-20170510
     
  2. But MR. Trump said we'll have 5-10% growth!
     
  3. China's yield curve has gone inverted.