Recent financial market volatility won’t prevent the Fed from announcing an end to its asset purchases this week, at the conclusion of the two-day FOMC meeting on Wednesday. The bottom line is that the economic outlook remains strong. Our calculations indicate that real GDP expanded at a 3.3% annualised pace in the third quarter (data due on Thursday), boosted by a strong positive contribution from net external demand.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services