The Economic Outlook: Growth Weakens, Inflation Unchanged
The consensus forecast among economists attending the most recent Fourth District Economists’ Roundtable calls for continuing slow growth well into 1990 followed by a more rapid growth in output by late this year. Little improvement is expected, however, in the overall inflation rate despite the current slow growth.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.