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- After tracking to a better-than-expected 2.8% real GDP growth in 2023, we forecast a below-trend 0.7% pace of expansion in 2024. Among the major components of GDP, consumer spending is likely to rise at a more muted pace next year, while fiscal spending could swing from a positive contributor in 2023 to a modest drag.
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Oct 22, 2024 · The latest World Economic Outlook reports stable but underwhelming global growth, with the balance of risks tilted to the downside. As monetary policy is eased amid continued disinflation, shifting gears is needed to ensure that fiscal policy is on a sustainable path and to rebuild fiscal buffers.
The Q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the US economy intact. However, risks like geopolitical tensions and persistently high inflation remain.
6 days ago · Calendar Forecast 2024/2025 - was last updated on Friday, October 25, 2024. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news.
Check economic calendar events in real time on Bloomberg and see the global financial market impact by country and importance with previous, forecast and actual figures.
Sep 25, 2024 · The September 2024 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy, the implications of high public debt levels, and the prospects for a new growth agenda.
Dec 22, 2023 · We forecast 25 bps cuts at each meeting beginning in June, bringing the Fed Funds target range to 4.00%-4.25% at the end of 2024. Concurrently, quantitative tightening, the Fed’s balance sheet runoff program, is expected to be maintained at the same pace through 2024.
Jul 2, 2024 · After soaring to 6.5% in 2022 (the highest since 1981), inflation dropped to 3.7% in 2023 and we project it to fall further to an average 2.4% in 2024. As supply constraints have alleviated, the...
