Us Economy 2024 Outlook 2024. However, geopolitical risks and inflation concerns persist. Fed communication in recent weeks has had a decidedly hawkish lean.
Projections at a glance the federal budget the deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027. Although gross domestic product (gdp) growth is expected to slightly slowdown from 2.5% in 2023 to 2.2% in 2024 due to.