Wells Fargo: U.S. Growth Forecast Lifts to 2% for 2025 as Consumers Keep Spending Through Uncertainty

Economists upgrade outlook despite labor market fragility and inflation hovering near 3% Economic forecasters are adjusting their expectations for the American economy as consumer spending proves more durable than anticipated, even as a federal government shutdown clouds the data picture and labor markets show signs of strain. Wells Fargo Economics has revised its U.S. GDP […]