Headlines from Standard and Poors on the US economy
They add:
- See 20 to 25% chance US slips back into recession over the next 12 months
- Sees US GDP growth of 2.4% in 2018
- See Fed raising rates two more times in 2017
- Sees benchmark rate climbing to 1.25% – 1.5% by December
- Sees four more Fed hikes in 2018
- Turmoil in Washington seems to show no signs of abating
- Sees strong dollars drag on US exports
- Wage gains likely to reach 3.25% by year-end
S&P says US GDP to grow 2.3% in 2017
S&P says US GDP to grow 2.3% in 2017
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