This quarter, we examine the effects of lowering inflation, a pause on interest rate increases, and high home prices on the economic outlook for the United States.
How will the passing of the Inflation Reduction Act in the summer of 2022 affect the fiscal deficit, tax credits, and carbon emissions? Will wage gains decline over the medium term? We share our outlook for the U.S. economy, including GDP, household spending, and interest rates.
Read the impact paper to get our full analysis.
Key Findings
Overview
Aggregate Demand
Financial Markets
Fiscal Policy
Labour Markets
Will Young Workers Enter the Workforce?
Methodology
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