PowerPoint Presentation

US Executive Briefing - September 2018

The economy appears to be firing on all cylinders this summer with real GDP growth approaching 3% y/y and the labor market continuing to deliver strong job growth. Strong consumer outlays, solid business investment, rapid export growth and firming government outlays remain supportive of growth. However, risks are appearing on the horizon, including stronger inflation, threatening protectionism, slowing emerging markets growth and a more hawkish Fed.

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