December 17, 2002

Our forecast paints an interesting scenario: Better than expected real GDP growth and lower than expected inflation numbers. In spite of the declining inflation outlook, we are looking for a rise in short-term interest rates by mid-year. We attribute the increase to a rising real rate associated with the economic recovery. Overall we look for the yield curve to flatten and move up.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format