US Economic Outlook
We have revised up our growth projections due to the unexpected and significant late-cycle fiscal boost in form of the recent federal budget agreement. We now expect real GDP growth of 2.9% in (calendar) 2018, and 2.2% in 2019. Since the output gap is estimated to have closed in 3Q17, and the economy is at full employment, this additional stimulus following on the heels of the tax cut late last year is also intensifying inflation risks on the margin. We expect the Federal Reserve to hike interest rates four times in 2018 to remove monetary stimulus.
In our ongoing efforts to improve the quality and relevance of our publications, we would like to know more about you.
Subscribe To RSS
Subscribe to Newsletters
(Swiss Re Institute) Risk Dialogue Magazine
The Risk Dialogue Magazine is a newsletter exploring future risk topics, featuring multimedia articles from the Swiss Re Institute's events and insights from our global network of experts.
Our sigma publication series provides comprehensive information on the international insurance markets and analyses of economic trends and strategic issues in re/insurance and financial services.
Swiss Re Publications
Our publications share our expertise on issues of concern to our clients, the re/insurance industry and society - from food, health, longevity and financial security to managing climate and natural disaster risk.