Philadelphia Fed: Forecasters upgrade growth, job gains and inflation in 2023 and 2024 ...Middle East

According to a survey by the Federal Reserve Bank of Philadelphia, the U.S. economic outlook has improved slightly compared to three months ago:Forecasters predict a 1.3 percent annual growth rate for this quarter, up from the previous estimate of 1.2 percent.For 2023, they expect real GDP to increase by 2.4 percent, and by 1.7 percent in 2024, which is 0.3 and 0.4 percentage points higher than earlier estimates.The unemployment rate is expected to rise from 3.7 percent in 2023 to 4.0 percent in 2026, with little change from the previous survey.Job gains are projected to be higher, with monthly rates of 296,500 in 2023 and 120,000 in 2024, up from earlier estimates of 288,600 and 94,800, res

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