BFM Podcast

US GDP Growth Upbeat For 2023 - What's Next?

Tan KW
Publish date: Fri, 26 Jan 2024, 02:55 PM
US GDP Growth Upbeat For 2023 - What's Next?

26-Jan-24 07:00

Tim Mulholland, President, TJM Limited, Chicago

The US economy's fourth-quarter growth beat forecasts with GDP increasing 3.3% on an annualised basis. This means for all of 2023, the economy expanded 2.5%. Tim Mulholland, President at TJM Limited, Chicago, helps us analyse what this means for future action from the US Federal Reserve as underlying inflation also rose 2% for a second straight quarter, in line with its own target.

Image credit: Shutterstock.com

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