The Congressional Budget Office (CBO) said it expects real U.S. GDP growth of 1.9 percent in 2025, down from a 2.0 percent forecast in June, and forecasts an average annual growth rate of 1.9 percent between 2024 and 2034.
Congressional Budget Office (CBO): The projected U.S. budget deficit for fiscal year 2025 is $1.865 trillion, while the budget deficit for fiscal year 2024 is $1.832 trillion. Under current law, the U.S. public debt is projected to reach 99.9% of GDP by 2025 and rise to 118.5% in fiscal year 2035.
TD Securities: It is expected that the future policies of US President-elect Trump will cause the Federal Reserve to delay interest rate cuts, so we have adjusted our expectations for the Federal Reserve's policy in 2025.
According to Fox News, Trump is expected to win in the crucial state of Pennsylvania, which has 19 electoral votes.
According to NBC News, Trump is expected to win Iowa.
According to NBC News, Trump is expected to win Kansas.