Us Economy Today 2024. The bank’s latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in january. The current health of the american economy shows that the fed, with jerome powell at the helm as chair, has successfully handled inflation so far, with the.
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. The us economy is growing faster than projected, driven largely by consumer spending and the federal reserve’s successful efforts to get inflation under control without triggering a recession.