Transatlantic growth divergence reaching a peak

AXA
By March 5, 2019 01:01

Transatlantic growth divergence reaching a peak

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  • US macro indicators (fourth quarter GDP and business surveys) are holding up but “cross currents” have justified a US Federal Reserve pause
  • Eurozone activity indicators remain bleak and we have downgraded our 2019 growth forecast to 1.0%
  • With the expiry of Article 50 just four weeks away, Brexit watchers are focusing on the votes scheduled for the 12- 14 March 

AXA
By March 5, 2019 01:01
TAGS: growthmacroreview

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