Bank Economist See Acceleration After Fiscal Cliff Drag

by Sabrina I. Pacifici on January 17, 2013

“The fiscal cliff agreement has created headwinds early in 2013, resulting in an economy that will grow slowly in the first half of the year before improving to a moderate pace in the second half, according to the Economic Advisory Committee of the American Bankers Association. The committee warns that the tax hikes, a protracted fight over the debt ceiling and the possibility of severe spending cuts in 2013 have the potential to stop our economy in its tracks.”

  • View detailed EAC forecast numbers
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