2024-10-03 03:22:11
At the beginning of 2025, inflation in the United States will reach the target set by the Federal Reserve System (FRS) of about two percent. This was reported by Bloomberg, which surveyed a number of economists, Day.Az reports with reference to Lenta.ru.
At the same time, they believe that the unemployment rate will rise slightly. It is expected to reach 4.4 percent in 2025 before falling the following year. In August 2024, the figure was 4.2 percent.
As for a recession, economists have reduced its probability from 31.5 percent to 30 percent. GDP in 2025 will average 1.8 percent. The Fed is hoping for two percent.
According to the United States Department of Labor, in the last month of summer, consumer prices in the United States increased by an average of 2.5 percent. This is the lowest value since February 2021. In July, annual inflation was less than three percent. Energy prices fell by four percent in annual terms at the end of August.