德意志银行-美国宏观经济-a visual guide to the july fomc statement-20170728-deutschebank.pdfVIP

Deutsche Bank A visual guide to the July FOMC statement Brett Ryan Senior US Economist brett.ryan@ (212) 250-6294 July 2017 Distributed on: 26/07/2017 20:36:22 GMT DISCLOSURES AND ANALYST CERTIFICATIONS ARE LOCATED IN APPENDIX 1. MCI (P) 083/04/2017. 0bed7b6cf11c “The labor market has continued to strengthen… Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined” Source: BLS, Haver Analytics DB US Economics Research Deutsche Bank Brett Ryan, +1(212)250-6294, brett.ryan@ 1 July 2017 “…economic activity has been rising moderately so far this year” Source: BEA, New York Fed, Atlanta Fed, Haver Analytics DB US Economics Research Deutsche Bank Brett Ryan, +1(212)250-6294, brett.ryan@ 2 7/27/2017 July 2017 “Household spending (has) continued to expand” %q/q, AR Real personal consumption expenditure %q/q, AR 7.5