Fed to raise rates two more times this year, twice in 2019 - Reuters poll

Omkar Godbole FXStreet Contributor

The US economy is slowing over the next few quarters, courtesy of Trump's trade war, according to a Reuters poll of economists, who see 15 percent chance of recession in the next 12 months and 30 percent in the next two years.

Key quotes (Source: Reuters)

36 of 56 economists say US President trump's expanding trade war damaging for the economy
US GDP growth seen 3.0 pct in q3, 2.7 pct in Q4 (2.8, 2.6 pct in July poll)
Federal Reserve to raise rates two more times this year, twice in 2019 (same as July poll)
median 15 pct chance of US recession in next 12 months, 30 pct in two years (15, 35 pct in July poll)

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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