Economists have lowered their estimates for U.S. GDP growth and raised those of inflation over the next year, according to FT-Booth survey.
- The median estimate among the 49 economists surveyed was for the economy to expand 1.6 per cent in 2025, down sharply from 2.3 per cent in the December survey
- They expect the core PCE to rise at an annual rate of 2.8 per cent by year-end from a December forecast of 2.5 per cent.
