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Week of Aug. 25th- Fannie Mae Predicts Two Additional 2019 Rate Cuts, Here's Why

August 25, 2019

Fannie Mae used a fair number of trade-offs in while coming up with its revised outlook for the real gross domestic product (GDP) this year.  The company's economists, headed by Chief Economist Doug Duncan, upgraded its full year forecast from 2.1 percent to 2.2 percent while at the same time painting a darker picture for the second half of the year. Read more.

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