Analysts at BNP Paribas are expecting that the U.S. economic growth to slow to 2.3% this year.

• Trade war uncertainty acts as a drag, the housing market is softening, corporate investment should slow, as well as exports in reaction to the past strengthening of the dollar against a broad range of currencies.
• Core inflation remains well under control and has eased a bit.”
• Following the dovish message from the January FOMC meeting, markets are pricing in a policy easing in the course of 2020.