Below are the forecasts made for US economy in dec 2024, march 2025 and may 2025.
Before 2025 there was positive outlook for GDP growth, inflation to come down and even rates to come down. No we have much slower GDP growth, increased inflation and maybe 1 rate cut. The only thing that is better now that it was before 2025 is the value of S&P500.
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|Date|18.12.24|19.03.25|15.05.25|
|GDP growth|2.10 %|1.70 %|1.30 %|
|PCE inflation|2.50 %|2.70 %|3.10 %|
|SPY|582.5|565.4|590|