- 2024 US GDP forecast unchanged at 1.5%
- 2025 GDP seen at 2.2% vs 2.4% prior
- 2023 core PCE seen at 3.4% vs 4.1% in July forecast
- 2024 core PCE seen at 2.4% (same as FOMC forecast)
Lower inflation, higher growth, what's not to like?
US CBO boosts 2023 US GDP growth forecast to +2.5% from +0.9% in July
- A good snapshot on how US growth forecasts have improved