What does this quarterly economic report offer?
The US Economy in a Snapshot is a quarterly publicatiоn produced by the CEIC Macroeconomic Research Team. The report is designed to provide a comprehensive, albeit concise overview of the current economic and financial developments. The US Economy in a Snapshot report is produced using data from CEIC's Global Database.
The Federal Reserve kept its funds rate at the multi-year low level of 0.25% to guarantee sufficient market liquidity amid the economic uncertainty caused by the COVID-19 outbreak. The Fed also extended its quantitative easing policy of bond purchases into Q4 2020.
This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings: