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Strength of the US economy
AFTER ONE OF THE FASTEST POST-PANDEMIC RECOVERIES, THE ECONOMY IS EXPECTED TO SLOW DOWN SLIGHTLY IN 2024-25
Investment and private consumption responsible for GDP growth in 2024
There are downside risks due to an increase in geopolitical tensions
Resilience of the labour market, despite a slight increase in unemployment
Stagnant inflation above 2.5%, against a backdrop of growth, delays Fed rate cuts
The public deficit falls from 2024 onwards and remains at levels above 5%