Economic Summit: Interest Rates, Consumers Will Keep Economy Growing this Year, Expert Says

Addison, IL, February 5, 2020 — All signs point to a continuation of economic growth in the U.S. this year, although the margin for change is thinner than before, an economic expert told suburban business leaders Wednesday at the Economic Summit hosted by Porte Brown Accountants and Advisors in partnership with the Daily Herald Business Ledger.

Brian Leach, senior vice president and credit strategist for global investment management firm Pimco, told the group at Venuti's Banquet Hall in Addison that U.S. economic growth continues to be buoyed by low interest rates and strong consumer spending. And while domestic growth might slow toward the end of the year, he noted global economic growth has increased to a point where it could catch up to the U.S. Read More

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