A Reuters poll of more than 60 economists suggests that US growth will accelerate in 2014 as the headwinds from a tightening of fiscal policy recede

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A Reuters poll of more than 60 economists suggests that US growth will accelerate in 2014 as the headwinds from a tightening of fiscal policy recede. This will give the Federal Reserve room to start dialing back its monetary stimulus. From employment to consumer spending and housing, the foundation is being laid for sustained strong growth, economists said when surveyed. The fiscal restraint in 2014 will be significantly less than in 2013, said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania. Uncertainty has hurt the economy over the last few years and as it fades, that should provide a lift to growth next year.The poll forecasts GDP growth stepping up to a 2.5 percent annualized rate in the first quarter of 2014, and reaching 3 percent by year-end. Read more: (VIEW LINK)


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