S&P Global Ratings has projected 2.2 per cent GDP growth for the US this year, followed by an average of 1.9 per cent between 2027 and 2029.
The recent oil shock could push headline inflation towards 4 per cent in the near term, but it expects core inflation to move only moderately higher as its base case assumes a temporary supply disruption.
Risks to the growth outlook are squarely to the downside.
The recent oil shock could push headline inflation towards 4 per cent in the near term, but it expects core inflation to move only moderately higher as its base case assumes a temporary supply disruption.
Risks to the growth outlook are squarely to the downside.
