Projecting forward using past values of the spread and GDP growth suggests that real GDP will grow at about a 0.8 percent rate over the next year
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Tuesday, November 29, 2011
Cleveland Fed Predicts 0.8 Percent Real GDP Growth Next Year
Posted By Milton Recht
From Federal Reserve Bank Of Cleveland, "Yield Curve and Predicted GDP Growth" November 1, 2011, Covering September 23-October 28, 2011, by Joseph G. Haubrich and Margaret Jacobson:
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