The US economy is likely to grow by just 0.1% in 2017, according to the Economic Policy Institute, a nonpartisan think tank.
But the Federal Reserve has raised the benchmark interest rate twice since President Donald Trump took office.
The economy will grow by an average of 1.4% in the first quarter of 2017, up from a rate of 1% in 2018.
That’s up from 0.3% in Q1 2018, according the latest figures from the Bureau of Economic Analysis.
The Fed will keep its key interest rate unchanged at a record low of 0.25% this year.
But its goal is to raise it to 2%.
If the economy does grow by 1.1%, it would mark a new record, with the previous record being 1.2% in November 2020.
But the Fed has been trying to avoid making changes that could derail the economic recovery.
So it is taking steps to make sure the economy is strong and that the economy can withstand any shocks to the housing market.
Economists say the Fed is doing this because it thinks the economy will be stronger if the Fed raises rates more quickly than other central banks, especially the US.
But it is also concerned about what happens when the economy grows too quickly and that risks the economy.