The US economy grew faster than expected in the fourth quarter of 2023 with an increase of 3.3 percent in GDP (gross domestic product), amid strong consumer spending. The 2023 last quarter performance also shrugged off direpredictions of a recessionafter the Federal Reserve aggressively raised inte...
However, what are the key factors that could derail the southbound inflation rate in the US, and how will Donald Trump’s election as US Presidentaffect the economy? Our US inflation forecast for 2025-2026 and beyond examines the latest economic data and reveals the US inflation predictions of...
The report is the first of three estimates the government will make of GDP growth for the third quarter of the year. The U.S. economy has continued to expand in the face of themuch higher borrowing ratesthe Fed imposed in 2022 and 2023 in its drive to curb the i...
aWe anticipate that the US economy will begin a moderate but slow recovery and that Asian economies will continue to expand. However, we are concerned about personal spending predictions in the US and Japanes markets, which indicate a softening of big ticket item purchases. In addtion, several ...
It has been a light data calendar for the UK over the past week, with only low-impact economic data released, and markets having to live off the odd scrap of political news, such as reported progress on the Northern Ireland protocol between the UK and th
JPMorgan isn't the only bank to lower its predictions for the economy. Goldman Sachs, an American multinational investment bank, also said that the banking crisis could hurt US economic growth. Former US Treasury secretary Larry Summers has warned that the economy could be headed for a sudden ...
most investment banks and Wall Street investors also predicted that the US economy would fall into recession due to continued inflation and high interest rates. But as the US economy proved resilient over the past year, top Wall Street figures have now largely abandoned their predictions of a rec...
Sign In Access All Charts and Data Learn about what technologies are transforming your industry Gain exclusive perspectives from top industry leaders Access thousands of data sets and forecasts via our iconic charts Become a Client Share About This Report Ecommerce growth accelerated during the 2023 ...
aWe anticipate that the US economy will begin a moderate but slow recovery and that Asian economies will continue to expand. However, we are concerned about personal spending predictions in the US and Japanes markets, which indicate a softening of big ticket item purchases. In addtion, several ...
JPMorgan isn't the only bank to lower its predictions for the economy. Goldman Sachs, an American multinational investment bank, also said that the banking crisis could hurt US economic growth. Former US Treasury secretary Larry Summers has warned that the economy could be headed for a sudden ...