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Analysts from BNP Paribas predict US growth will reach 2.9% in 2026, supported by investments
BNP Paribas analysts predict US growth reaching 2.9% in 2026, surpassing potential growth and exceeding the 2.3% anticipated for 2025. This growth is attributed to investments driven by AI and spending by high-income consumers. Inflation in 2026 is anticipated to be 2.7%, which exceeds the target, influenced largely by tariffs. This inflationary trend is expected to continue at least until the end of 2027. The Federal Open Market Committee implemented a total of three rate cuts, amounting to a cumulative 75 basis points in 2025. The Fed Funds target range is expected to remain stable between 3.5% and 3.75% throughout ... (full story)