Investing
S&P expects US real GDP growth of 2.4% in 2024
© Reuters. A general view of the Port of Los Angeles, California November 29, 2012. REUTERS/Lori Shepler/File Photo
(Reuters) – Ratings agency S&P Global said on Wednesday it now expects U.S. real GDP growth of 2.4% in 2024.
Inflation will likely cool further in coming months despite the uneven disinflationary process so far, S&P said in a note.
The ratings agency did not change its 2024 outlook for monetary policy and said it expects the Federal Reserve to cut its policy rate by 25 basis points at its June meeting, with cuts totaling 75 basis points by year-end.
Read the full article here
-
Side Hustles7 days ago
Protect Your Business With AdGuard VPN’s Powerful Security Features
-
Passive Income7 days ago
This Minimalist Lamp Lets You Pick From 16 Million+ Lighting Colors for Maximum Productivity
-
Side Hustles5 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Make Money6 days ago
15 Jobs That Will Shrink the Fastest Over the Next Decade
-
Side Hustles6 days ago
How to Maximize Your Profits With This Annual 8-Step Checklist
-
Passive Income6 days ago
Why Email Marketing Is Still Your Business’s Most Powerful Tool
-
Side Hustles6 days ago
Want to Start a Business? Consider Buying One Instead — Here’s Why.
-
Investing5 days ago
Germany stocks lower at close of trade; DAX down 0.65% By Investing.com