US expansion set to continue in H2 2018 – Dallas Fed
US enjoys strong consumer spending, a healthy labour market and inflation on target
The key indicators of the US economy indicate the economy’s nine-year expansion has the potential to continue in the second half of 2018, according to an article published by the Federal Reserve Bank of Dallas on August 7.
“Robust consumer spending, above-trend labour force growth, and elevated business and consumer sentiment support above-potential growth through the rest of 2018,” says Laton Russell, research analyst at the Dallas Fed. Additionally, “inflation measures remain at or just below
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