Hafar1014
Diamond Member
- Sep 1, 2010
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- US GDP is forecast to expand 2.5% in 2026 (fourth quarter, year over year), versus the consensus economist estimate of 2.1%.
Core personal consumption expenditures (PCE) inflation is estimated to fall to 2.1% by December (year over year).
The key driver for the forecast for solid GDP growth is that the drag from tariffs should give way to a boost from business and personal tax cuts.
The Fed is predicted to make two rate cuts of 25 basis points (one cut in June and one cut in September).