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Drop in US GDP growth to 1.6% quarterly average in 2025: S&P Global
The Donald Trump administration's shifting policy mix is altering the economic outlook, and S&P Global Ratings projects a likely downshift in US GDP growth to a 1.6 per cent quarterly average in 2025. It forecasts real GDP growth will cool to 1.9 per cent in 2025 and 2026, and average roughly 2 per cent per year thereafter. It projects US inflation will remain closer to 3 per cent this year.
The Donald Trump administration's shifting policy mix is altering the economic outlook, and S&P Global Ratings projects a likely downshift in US GDP growth to a 1.6 per cent quarterly average in 2025.
It forecasts real GDP growth will cool to 1.9 per cent in 2025 and 2026, and average roughly 2 per cent per year thereafter.
It projects US inflation will remain closer to 3 per cent this year.
