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Fannie Mae revises economic forecast downward for next two years

Fannie Mae had just released its latest 2014 economic forecast before the GDP report, revising its annual economic growth forecast downward to 2.1% from 2.6% previously. Duncan says even that.

Fannie Mae downgraded its forecast for U.S. economic growth, citing a "ratcheting up of trade tensions," and said 2020 will see the worst economy in more than a decade. The mortgage giant revised its projection for GDP growth to 1.5% for next year, which would be the worst performance since a 2.5% contraction in 2009,

Fannie Mae revises economic forecast downward for next two years – Fannie Mae has revised its economic forecast downward. trade tensions are causing uncertainty for investors and driving mortgage rates downward. NEXT: Most expensive homes sold in Houston May 2019.

Fannie Mae. Fannie Mae revises economic forecast downward for next two years. chron.com – R.A. Schuetz. Fannie Mae has downgraded its economic forecast for 2019 and 2020. The mortgage finance company lowered its predictions for economic growth to 2.1.

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The Fannie Mae Economic and Strategic Research Group has revised upward its full-year 2018 economic growth forecast to 3.0% — from 2.8% in the prior forecast — on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook.

The Fannie Mae Economic and Strategic Research Group again revised upward its full-year 2018 economic growth forecast to 3.0% – from 2.8% in the prior forecast – on expectations that third and.

The outlook for rate hikes next year looks a trifle fuzzy. fannie mae says with the solid economic growth and inflation appearing to stay around the 2 percent level the Fed prefers, the predicted.

Thanks to problems in Europe and the slowing of both the US and Chinese economies, consumer attitudes have plateaued after several months of improvement early in the year. Fannie Mae’s Economic.

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Job growth is expected to be about 1.5 percent this year, according to Fannie Mae’s forecast, an estimated addition of more. metropolitan areas are expecting positive but slower job growth over the next two years as the economy starts to slow down.. in the nation over the next two years.

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