CUNA Economic and Credit Union Forecast
• We decreased our economic growth forecast for 2020 from 1.8% to 1.5%. • We changed our forecast for the federal funds rate for year-end 2019 from a target range of 2.25% - 2.50% down to 1.50% - 1.75%. We also expect the Fed to continue its accommodative policies into 2020 and reduce the fed funds rate to a … ................
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