There are two years?The U.S. economy or the longest expansion in more than 150 years

      According to Reuters, the survey on August 7, and 10 majority of analysts think that the U.S. economic expansion to last two years, they still does not expect the economy to trump the government expected to accelerate growth.

      The road to recovery of abnormal long after the financial crisis, so far has lasted 96 months.If a Reuters survey concluded that the prediction can realize, the economy will create more than 150 years since the longest expansion.But due to the recent U.S. economic acceleration is still not satisfied, prompting a slight drop in again respondents expected.

      In 57 analysts, there are 34 say the United States economic expansion will continue for more than two years.The remaining 23 respondents said the expansion could only lasts for one to two years.The respondents in the United States, Canada and Europe, and no one expansion is expected to end in a year.Wells Fargo senior analyst, said Sam expansion will not remain forever, could last for two or three years."Look stable moderate growth can maintain for a period of time."

      The latest surveys show that, by the end of next year before the United States each quarter GDP growth of 2.1% to 2.1%, slightly less than 2.2% of the survey is expected to last month - 2.5%.Although the economy is close to full employment, wage growth remains weak, it slowed spending.In addition, the government will trump tax cuts in down expectations.

      Although this does not interfere with the stock market reached new highs, but has been a drag on the dollar index fell nearly 9%.Analysts about inflation expectations remain low, the federal reserve to favor of core personal consumption expenditure (PCE) prices rise is expected in the fourth quarter of 2018 before will be unable to reach the fed's target of 2%.To 2017 before the end of each quarter, core PCE price index rose from 1.5% to 1.6% on average.