U.S. growth outlook in 2020 improves despite trade risk: Fannie Mae [Yahoo! Finance News]
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
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Source: Yahoo! Finance News
U.S. growth outlook in 2020 improves despite trade risk: Fannie Mae By Kate Duguid NEW YORK ) - Fannie Mae on Monday upgraded its forecast for 2020 U.S. economic growth to 1.9% from 1.7%, arguing that consumer spending and the housing market will buoy gross domestic product if a "phase one" trade deal between the United States and China is signed. The government-sponsored enterprise is betting not only that a deal will be passed, but that it will happen in time for the Dec. 15 tariffs on Chinese goods to be scrapped. Nevertheless, the agency says that a breakdown in negotiations represents a key risk to U.S. growth. And while it expects a short-term easing of trade tensions, a comprehensive deal is unlikely. https://bit.ly/2QuwAMl) "Even as global uncertainties mount, we continue to expect the domestic economy to produce solid, if not spectacular, growth," said Doug Duncan, chief economist at Fannie Mae. The trade war has already eaten away at U.S. growth: the manufacturing sector ha
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FNMA
Sec Filings
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website