55% of economists believe that the US economy will perform weaker than expected

The National Association for Business Economics (NABE) economist panel noted that overall risks to the economy are increasing, with 55% of economists saying the economy is more likely to perform weaker than expected than better than expected, with Fed policy at the top of the list of possible influencing factors. Currently, the panel's median forecast shows that U.S. economic growth is expected to slow to 1.8% next year from the expected 2.6% this year, the unemployment rate will rise to 4.4% from the current 4.2%, and inflation will reach 2.1% next year. Two-thirds of respondents said they do not expect a recession until at least 2026. (Jinshi)