The economic growth in the US is slowing down is for sure but the report by the Federal Reserve due to be released today will show the clarity of this slowdown. The construction industry shows a slowdown showing the evident slowdown in the housing market , even the manufacturing industry shows a decline.However, the markets in US have stabilised showing pick up in manufacturing stocks and also increase in consumer confidence after the news that the Federal Reserve may not cut rates after all. Well if the reports by Federal Reserve does show a slowdown in economic growth there may be a possiblity that the Fed may cut rates.
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