- Analytics
- News and Tools
- Market News
- Survey: US economic prospects have not changed, but the uncertainty has increased after the elections
Survey: US economic prospects have not changed, but the uncertainty has increased after the elections
Economic forecasts for the United States have not changed since then, as D. Trump unexpectedly won the presidential election. However, uncertainty has jumped on a lack of clarity on the issue of a possible aggressive tax cuts and trade barriers in the coming years.
Nevertheless, a survey of more than 100 economists, conducted by Reuters, showed that the Fed remains on track to raise interest rates next month.
This week, the dollar index hit a high of 13.5 years and is now trading nearly 3 percent higher than 8 November, when the presidential elections were held in the United States.
About two-thirds of respondents said Trump/s presidency would have a negative impact on US exports in the next year. Ten economists said that his victory will not have much effect, whereas only three respondents said that export volume will increase. Much will depend on the extent to which Trump will follow his pre-election promises to curb trade protectionism and migration levels. The survey also showed that the probability of a recession in the next year is 20 percent compared to 15 percent last month.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
