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IMF sees US growth at 1.7% this year and 1.0% in 2024

The IMF is out with its latest review of the US economy and it paints a picture of stumbling growth and inflation slowly returning to target.PCE inflation 3.8% in 2023 and 2.6% in 2024Unemployment rate 3.8% in 2023 and 4.4% in 2024Fed funds at end-2024 4.9%Full reportThe IMF said the US economy in 2022 demonstrated resilience amidst fiscal and monetary policy changes, with consumer demand buoyed by the utilization of pent-up savings and steady real disposable income growth. Notably, labor force... Read More

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Posted: May 26 2023, 17:14

Author Name: forexlive

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