Us 2024 Economic Outlook. Consumer price index inflation falls below the 3%. We continue to expect two 25 basis points (bps) rate cuts in 2024, in july and november, as core disinflation reasserts itself and labor market conditions soften.
The global economic outlook for 2025 is mixed as inflation eases, central banks cut rates and the us economy powers ahead. Us economic data continue to surprise to the upside, revealing ongoing resilience despite looming uncertainties and persistent shocks.