OECD improves its 2024 US GDP forecast

The Organization for Economic Co-operation and Development (OECD) has improved its forecast for US GDP growth by the end of 2024 to 1.5%, Report informs.

In 2025, the organization expects the country's GDP to grow by 1.7%.

At the same time, the OECD now expects inflation in the United States next year to be 2.8% versus the previous forecast of 2.6%. By the end of 2025, inflation in the country will be 2.2%.