Pantheon Macroeconomics - We have had something of a rethink about the likely timing of the coming cyclical downturn. Previously, we thought the economy would start to slow markedly in the middle of next year, with a mild recession--two quarters of modest declines in GDP-- beginning in the fourth quarter.

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21 August 2017 Growth Momentum and Slow Hikes Means no Recession Until 2019

By Ian Shepherdson

We have had something of a rethink about the likely timing of the coming cyclical downturn. Previously, we thought the economy would start to slow markedly in the middle of next year, with a mild recession--two quarters of modest declines in GDP-- beginning in the fourth quarter.

Posted: 18th Aug 2017 in 'U.S. Documents'

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