FTN Financial Economic Weekly


Chris Low, and Sophia Kearney-Lederman
Forecast Update: Inching Toward Global Tightening

US growth was weaker than expected in the first half, but we expect GDP to strengthen in the second half and in 2018. In part that reflects a more patient Fed, as we expect lower-than-expected inflation will eventually permeate even the FOMC’s thinking.

Chart of the Week: Volatility and the business cycle

Plus “The Week Ahead,” a preview of next week’s potentially market-moving events.

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