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FOMC Projects 3% US GDP Growth for 2025 Despite Economic Challenges
FOMC forecasts 3% GDP growth for the US in 2025, with inflation stable at 3% and cooling shelter costs, despite job market challenges.
The Federal Open Market Committee (FOMC) has forecasted a 3% growth for US GDP by the end of 2025, despite a sluggish job market. Inflation is expected to hold steady at 3% year over year in the September Consumer Price Index (CPI), with shelter costs showing signs of cooling. These projections reflect a resilient US economy navigating global challenges, with the federal funds rate adjustments continuing to shape the outlook.