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The Congressional Budget Office released.........>

US
US: The Congressional Budget Office released updated economic projections for
2020 and 2021, based on information through May 12. Highlights:
* Real GDP: Forecasts a -5.6% in GDP for 2020, followed by +4.2% in 2021, which
is up from its +2.8% estimate from April. -11.2% Q/Q for Q2 2020; +5.0 for Q3;
+2.5% for Q4.
* Unemployment: Forecasts 11.5% for 2020, followed by 9.3% for 2021. 15.1% in
Q2; 15.8% in Q3; 11.5% in Q4. Sees 8.6% in Q4 2021. 
* PCE Inflation at annual rate: -1.2% in Q2 2020; +1.1% in Q3; +1.3% in Q4. 
* Link here: https://tinyurl.com/y8raorq6

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