CBO’s Current View of the Economy From 2023 to 2025

Congressional Budget Office

No 59837, Reports from Congressional Budget Office

Abstract: CBO provides details about the agency's most recent projections of the economy through 2025, which reflect economic developments as of December 5, 2023. In CBO’s latest projections, output growth slows in 2024 and rebounds in 2025. Labor market conditions soften in 2024. Inflation continues to slow over the next two years and approaches the Federal Reserve’s target rate of 2 percent. Interest rates on Treasury securities peak in 2024 and then recede through 2025.

JEL-codes: E20 E24 E60 E62 E66 H60 H61 H62 H63 H68 (search for similar items in EconPapers)
Date: 2023-12-15
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/system/files/2023-12/59837-Economy.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:59837

Access Statistics for this paper

More papers in Reports from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().