- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Economists Raise U.S. Next-Year Economic Growth Outlook, Expect Fed to Slow Rate Cut Pace
BlockBeats News, November 25th, a new survey from the National Association for Business Economics (NABE) revealed that the U.S. economy is expected to see moderate growth in 2026, but job creation is projected to remain weak. The survey, conducted from November 3rd to 11th, covered 42 professional forecasters. The median expectation for economic growth in 2026 is 2%, higher than the 1.8% from the previous October survey. Reuters reported that this contrasts sharply with the 1.3% growth rate forecasted in the June survey.
Respondents' median forecast also indicates that this year's inflation rate is expected to settle at 2.9% (slightly lower than the 3% forecasted in October) and then only slightly ease to 2.6% in 2026. Economists attribute a significant portion of inflation to tariffs.
Meanwhile, economists expect job growth to remain weak, with the monthly average addition of non-farm payroll jobs projected to be 58,000, lower than the 60,000 from the October survey. They also predict that in 2026, the monthly average addition of non-farm payroll jobs will be 64,000, below the 75,000 forecasted in the October survey. The unemployment rate is expected to rise to 4.5% in early 2026 and maintain that level throughout the year.
Regarding the Federal Reserve's interest rate path, it is anticipated that there will be a 25 basis point rate cut in December, followed by only a further 50 basis point cut in 2026 to bring the policy rate closer to a neutral level. (Jin10)
You may also like
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…
Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…
Trump Gets Serious: Powell Faces Criminal Investigation, Rate Battle Intensifies
Stores of Value: Gold and Silver Once Again Lead Global Asset Charts
Key Takeaways: Gold and silver have retaken their positions as the top assets by market capitalization, highlighting their…
Key Macro Events and Crypto Whale Movements This Week
Key Takeaways Upcoming releases of key U.S. economic data on unemployment and non-farm payrolls could significantly impact markets.…
The US can't control Latin America, so they took out Maduro
Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts
The Eve of a Federal Pivot: Evaluating the Looming Change in the U.S. Central Bank
Key Takeaways Investors are gearing up for potential changes in Federal Reserve policy, with concerns about independence and…
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
App