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2025 Outlook: USA – Resilient Growth Amid Rising Uncertainty
The US economy enters 2025 on strong footing, having vastly outperformed expectations this year, amid resilient economic growth, and faster than expected disinflationary progress. While 2024 has proved relatively straightforward from a macro perspective, the year ahead appears somewhat trickier, amid renewed upside inflation catalysts, creating more two-sided monetary policy risks, albeit against a growth backdrop that should remain solid. s noted, the US economy has performed well throughout the past 12 months, with GDP having grown at, or quicker than, 3% annualised QoQ in three of the last four quarters, and the ... (full story)