JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters.

by Holger Zschaepitz
JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters. https://t.co/N8o7x6jjoO

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