According to the main economic indicators the US economy is expanding. The GDP which measures the production
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The Federal government says that unemployment rate has dipped but structural unemployment has increased. Inflation is low but the core inflation rate does not take into consideration food prices and gas .The core inflation rate is 2% which is same as target inflation rate of 2% in the economy. So the Fed is in a position to increase rates to a better normal level. So 2018 will be a better year .By 2019 to 2020 economic growth will be 4%.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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