Consensus forecasts of financial institutions

Article Abstract:

A survey of financial forecasters in the fall of 1998 projects slower economic activity in 1999. The respondents foresee that the US economy will continue to expand although at a relatively slower rate and that the lower Federal Funds rate will result in declining funds rate. Moreover, the financial forecasters predict that inflation will remain low as a result of a weakening economy and modest money supply growth. Lastly, they professed that business investment in plant and equipment will contribute to growth.

Surveys, Economic forecasting

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Consensus forecasts of financial institutions

Article Abstract:

US financial forecasters surveyed in autumn 1999 generally anticipate that the economy will continue to grow. However, growth will be at a lower level than the 3.7% seen in 1998.

Economic Views, Forecasts and trends, Economic policy, United States economic conditions

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