Home NAB: US Q4 GDP likely to grow by 0.5%
FXStreet News

NAB: US Q4 GDP likely to grow by 0.5%

National Australia Bank analysts at expecting the US Q4 GDP growth of 0.5% (2.1% annualised).

Key Quotes

“This is well down on the previous two quarters, but is still above our estimate of longer-term trend GDP growth (around 13⁄4% per year). However, we expect growth to ease further through to Q3 2019, before stabilising towards the end of the year.”

“Overall, we are projecting year-average GDP growth of 2.1% in 2019 and 1.8% in 2020.”

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.