According to a Reuters poll of economists, expectations of a recession are on the rise, while economists are still expecting a further two hikes from the US Fed this year. Key highlights Fed to raise rates two more times this year, unchanged from the May poll, twice in 2019 vs the Fed’s dot-plot expectation of three hikes in 2019. Median 35% chance of recession in two years (previous 31% in May). Median 15% chance of recession in twelve months (unchanged from May). US GDP to average 2.9%, 2.5% growth this year and next respectively. US GDP growth expected to come in at 3.7% for 2018’s Q2, 2.9% in Q3 and 2.8% in Q4. The Reuters poll was conducted of 110 economists taken from June 19th to the 25th. Â FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC set the Yuan reference rate at 6.5569 FX Street 4 years According to a Reuters poll of economists, expectations of a recession are on the rise, while economists are still expecting a further two hikes from the US Fed this year. Key highlights Fed to raise rates two more times this year, unchanged from the May poll, twice in 2019 vs the Fed's dot-plot expectation of three hikes in 2019. Median 35% chance of recession in two years (previous 31% in May). Median 15% chance of recession in twelve months (unchanged from May). US GDP to average 2.9%, 2.5% growth this year and next respectively. US GDP growth expected to come… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
