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United States
Report

United States

Staff Report for the 2017 Article IV Consultation

IMF, 2017

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Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Engaging

Recommendation

The United States is enjoying one of its longest periods of expansion ever, and the International Monetary Fund weighs in with its views on how the government should sustain and further develop its positive performance. In this annual stocktaking exercise, the IMF dissects the United States’ need to mitigate risks from policy uncertainty and cyberattacks, among other threats, and it also advises additional actions the government should take to shore up the financial system. getAbstract suggests this comprehensive and detailed review of the country’s economic situation to executives, policy makers and investors worldwide.

Take-Aways

  • The United States is currently in one of its longest economic expansions ever.
  • The economy is likely to grow a little more than 2% in both 2017 and 2018, even without factoring in any impacts from proposed cuts in taxes and spending.
  • Inflation is moving closer to the Federal Reserve’s targeted 2% medium-term rate, and it is apt to slightly surpass 2% in 2019.

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.


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