US GDP 2017 forecast slashed to 2.5% from 2.7% - Deutsche Bank

Analysts at Deutsche Bank downgraded their US growth outlook for both 2017 & 2018, in the wake of less likelihood of passage of substantial tax reforms or fiscal stimulus by the Congress.

Key Details:

Cuts US GDP 2017 forecast to 2.5% from 2.7%

Slashes 2018 US GDP forecast to 2.25% from 3.25%