Here we are on the eve of the Fed's press release following its September FOMC: the least we can say is that the latest gauges of the US economy do not dangerously point to the red zone as seems to anticipate Donald Trump.
Indeed, industrial production in August is + 0.6% against + 0.2% expected (after -0.2% in July) … and this is even the best score observed in the last 12 months.
In the same vein, the latest expectations regarding US growth expect + 2.3% growth in 2019 before slowing down to + 1.7% in 2020, before accelerating to + 2.1% in 2021 … all this gives a small average of +2 to + 2.1% over 3 years, far from a recession scenario.
Of course, for Donald Trump, + 1.7% in 2020, it's pretty bad for an election year … but most importantly, it does not justify in any case the zero rates it claims imperiously and obsessively.
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https://labourseauquotidien.fr/etats-unis-production-industrielle-aout-complique-tache-fed/
