Discover how economists’ revised forecasts for U.S. GDP and expectations of prolonged higher Fed rates reflect optimism, with reduced recession odds to 30% due to a strong labor market boosting consumer spending. Read more.
Economists have revised their forecasts for U.S. GDP upward and anticipate a prolonged period of higher Fed rates. The latest monthly survey indicates a reduced recession likelihood of 30%, driven by a robust labor market expected to bolster consumer spending. Explore further insights
Economists Raise US GDP Forecasts, Expect Prolonged Higher Fed Rates
