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Trade Wars Hurt US Economic Growth Outlook: How Does Gold Look?

Annie Gilroy
Trade Wars Hurt US Economic Growth Outlook: How Does Gold Look?

In the second quarter of 2018, the US economy grew at an annual pace of 4.1%, which marked a four-year high. However, as per a Reuters poll of economists, US economic growth will slow steadily over the coming few quarters. According to a Reuters poll of over 100 economists between August 13 and August 21, the boost that tax cuts gave to the US economy will likely wane.