Boston Federal Reserve President Eric Rosengren thinks the U.S. economy is on track for GDP growth of just 1.7% in the second half of 2019.
This is a developing story. Check back for updates.believes the U.S. economy is on track for GDP growth of just 1.7% for the second half of 2019.
"I think that data that we have is weaker than it was before, but it's actually pretty consistent with getting around 1.7%," he continued. "If we start getting much lower than that, then that implies a rising unemployment rate, and then we'd really want to think about what's happening in the economy."
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