Deutsche Bank cut US GDP forecasts on Wednesday

Deutsche Bank cut US GDP forecasts on Wednesday
Wed 10 May 2017 22:41:48 GMT
Author: Eamonn Sheridan | Category: News
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The bank cuts its 2017 US GDP forecast to 2.5% (from 2.7%)
  • and for 2018 to 2.25% (a huge slash from their previous forecast at 3.25%)
DB saying they see passage of any substantial tax cut or fiscal stimulus legislation in the Congress as "much less likely" than was expected following the election results last year

http://news.forexlive.com/!/deutsche-bank-cut-us-gdp-forecasts-on-wednesday-20170510
 
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