What Is The Us Gdp 2024 Predictions. We recently lowered our forecast for 2024 gdp growth to about 0.3%, down from an initial range of. Cooling inflation and a softening labour market support our call that the fed will begin gradual cuts to policy rates from q2 2024.
However, notable revisions have taken place beneath the surface since april 2024, with upgrades to the forecast. The first impression presented by recent gdp numbers is one of sharp deceleration, with real gdp growth falling from 4.9% annualized in the third quarter of 2023 to.