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Published on Monday, May 18, 2015 | Updated on Monday, May 18, 2015

U.S. Economic Outlook Second Quarter 2015

Slower growth in emerging economies is offsetting moderation in the US and a firmer recovery in the Eurozone. Domestic consumption will continue to outweigh weak global demand, helping to drive stronger U.S. growth in 2015 despite a weak first quarter. Recent economic activity remain in support of a September Fed funds rate hike, with a gradual pace of increases thereafter