Weekly Economic Briefings > Us Weekly Economic Briefing - Oxford Economics Services

Weekly Economic Briefings > Us Weekly Economic Briefing

Weekly Economic Briefings > Us Weekly Economic Briefing - Oxford Economics Services
Weekly Economic Briefings > Us Weekly Economic Briefing
Published Jul 29, 2016
6 pages — Published Jul 29, 2016
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Abstract:

The FOMC set the stage for the next rate hike by adding a key phrase in its July policy statement.Real GDP growth at only 1.2% in Q2 was a major disappointment and points to weaker momentum over the past 9 months.Headwinds from a strong currency, weak global growth, depressed energy activity and rising election uncertainty are weighing significantly on business investment with businesses only willing to spend on employees. Firming wage growth is a positive since it should remain supportive of domestic spending.

  
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340561
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MLA:
Oxford Economics Services. "Weekly Economic Briefings > Us Weekly Economic Briefing" Jul 29, 2016. Alacra Store. May 16, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Weekly-Economic-Briefings-Us-Weekly-Economic-Briefing-2111-6064>
  
APA:
Oxford Economics Services. (2016). Weekly Economic Briefings > Us Weekly Economic Briefing Jul 29, 2016. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Weekly-Economic-Briefings-Us-Weekly-Economic-Briefing-2111-6064>
  
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