Report post

What is the outlook for global growth in 2024?

Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization.

What is CBO's economic forecast for 2023 to 2033?

This report summarizes—with an emphasis on graphic presentation—the information about CBO’s economic forecast that was published in The Budget and Economic Outlook: 2023 to 2033 (February 2023). Economic output (gross domestic product, or GDP) is projected to stop growing early this year in response to last year’s sharp rise in interest rates.

What factors are included in economic projections?

The economic projections cover such key variables as economic output, inflation, interest rates, and conditions in the labor market.

The World's Leading Crypto Trading Platform

Get my welcome gifts