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inflation readingsJ.P. Morgan | Official Website
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78% Informative
After tracking to a better-than-expected 2.8% real GDP growth in 2023 , we forecast a below-trend 0.7% pace of expansion in 2024 .
Consumer spending is likely to rise at a more muted pace next year , while fiscal spending could swing from a positive contributor to a modest drag.
The Fed ’s balance sheet runoff program is projected to remove approximately $1 trillion from the economy next year .
The higher-for-longer interest rate environment and challenges among small and regional banks are resulting in tightening of lending standards and slowing slow growth.
With nearly $550 billion of maturing commercial real estate debt over the next year , losses are expected to mount for lenders and investors.
Next year’s U.S. presidential election could be more impactful than recent cycles on geopolitics.
VR Score
90
Informative language
96
Neutral language
55
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links