Reported 3 days ago
Bank of America senior economist Aditya Bhave forecasts a 'trend-ish' growth of 2.3% for the US economy in 2025, citing strong economic momentum from declining inflation and rising labor productivity. Despite uncertainties surrounding the incoming Trump administration's trade and fiscal policies, Bhave maintains optimism, predicting growth between 2% to 2.5% even without the full implementation of Trump's policies. He notes that the global economic situation is more challenging compared to the US.
Source: YAHOO