US Economic Outlook Improving

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September 13, 2016

Recent US economic data indicate that the US may deliver growth of over 2% as well as modestly higher inflation for the second half of the year. Over the next six months, US GDP may advance on multiple fronts, with the US consumer continuing to drive growth. In particular, government spending, the moderating dollar, a rising global money supply, higher energy prices, easier lending conditions, and lower corporate spreads and lower mortgage rates may also contribute to growth over the next year.

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