Fed to raise rates two more times this year, twice in 2019 - Reuters poll

The US economy is slowing over the next few quarters, courtesy of Trump's trade war, according to a Reuters poll of economists, who see 15 percent chance of recession in the next 12 months and 30 percent in the next two years. 

Key quotes (Source: Reuters)

• 36 of 56 economists say US President trump's expanding trade war damaging for the economy
• US GDP growth seen 3.0 pct in q3, 2.7 pct in Q4 (2.8, 2.6 pct in July poll)
• Federal Reserve to raise rates two more times this year, twice in 2019 (same as July poll)
• median 15 pct chance of US recession in next 12 months, 30 pct in two years (15, 35 pct in July poll)