Reported 1 day ago
According to Roger Aliaga-Díaz, chief economist at Vanguard, the US economy will experience a growth slowdown, with GDP projected at 0.8% for this year. This dip is attributed to tariff-induced price shocks affecting consumer spending, which is expected to decline later in the year. However, a rebound to approximately 2% growth is anticipated by 2026, contingent on international trade agreements and diminished uncertainties surrounding tariffs.
Source: YAHOO