⚠️Automatic translation pending review by an economist.
Arthur Jurus of BSI Economics appeared on BFM Business following the release of US growth figures (Q3) and ahead of the Fed’s decision.
Arthur Jurus, member of the strategic committee at BSI Economics, appeared on BFM Business during the Intégrale Bourse program on October 30, 2019.
He discussed the initial estimates for US growth (which came in at +1.9% for the third quarter), driven by solid household consumption but offset by a fall in productive investment in the current context of trade war.
The market is eagerly awaiting a rate cut, but does not anticipate any further action from the Fed in December, as growth is « decent » and unemployment is at a historic low (3.5%).
The video can be viewed by clicking on this link.
