Making the yield curve steep again | Visa

Making the yield curve steep again

Signs that economic growth should stabilize in the fourth quarter.

Real GDP CAGR: 2.5% in Mar 2018 to 1.8% forecast in Dec 2021, with line overlay for real GDP YoY % change: 2.86% in Mar 2018 to 1.82% in Dec 2021(f).
Line chart showing percent change in the yield curve from 1.15% in Jan 2018 to .015% in October 2019.
November 2019 U.S. forecast table, with key economic indicators from 2017 through forecast 2021. Described in detail below.