Fed policy led to slower growth in 2019. 2020 looks much better

Fed policy led to slower growth in 2019. 2020 looks much better

WASHINGTON — The US Bureau of Economic Analysis (BEA) just release the first estimate for GDP growth for the fourth quarter of last year. The 2.1% growth rate for the quarter means that the growth rate for the entire year 2019 was 2.3%. That’s below what President Trump promised. Clearly, Fed policy, not Trump’s policies, led to slower growth in 2019. But 2020 looks much better. **Also Read: Confused Fed, spreading virus, crazed Houthis hit Wednesday marketsTrump said that his policies would result in annual economic growth exceeding 3%, something not seen since 2005. He said that the combinat…

Read More

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on latest news on stocks, wall street, volatility, news on wall street, articles on investing, trading, options, stocks, futures, #cnbc, #crudeoil, Bitcoin. Hedge Accordingly produces both original, and aggregated Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com