2026 full year“Our baseline forecast assumes that the price of Brent crude averages US$92 per barrel in 2026 and falls to US$80 per barrel in 2027.” — Baseline section · source ↗
2027 full year“Our baseline forecast assumes that the price of Brent crude averages US$92 per barrel in 2026 and falls to US$80 per barrel in 2027.” — Baseline section · source ↗
2026 full year“Indeed, we have revised our outlook for fixed business investment growthto 6.1% in 2026, up from the 4% in our previous forecast.” — Baseline section · source ↗
2029 full year“On a sequential basis, we expect core inflation to moderate until 2029, when it is projected to return to the US Fed’s 2% target.” — Prices section · source ↗
2026 full year“We now expect real consumer spending to grow by 2% this year before decelerating to 1.4% next year.” — Consumer spending section · source ↗
2027 full year“We now expect real consumer spending to grow by 2% this year before decelerating to 1.4% next year.” — Consumer spending section · source ↗
2030 full year“We expect real GDP growth to accelerate to 2.3% by 2031—up slightly from the 2.2% growth forecasted last year.” — Baseline section · source ↗
2026 full year“Real GDP is still expected to grow by a healthy 2.0% in 2026, before slipping to 1.8% in 2027, when consumer spending is on a more sustainable footing and AI-related investment growth moderates a bit.” — Baseline section · source ↗
2027 full year“Real GDP is still expected to grow by a healthy 2.0% in 2026, before slipping to 1.8% in 2027, when consumer spending is on a more sustainable footing and AI-related investment growth moderates a bit.” — Baseline section · source ↗
2026 full year“A slowdown in employment growth along with more modest declines in the workforce participation rate will allow the unemployment rate to drift upward from an expected 4.2% average in 2026 to 4.3% in 2028.” — Labor market section · source ↗
2028 full year“A slowdown in employment growth along with more modest declines in the workforce participation rate will allow the unemployment rate to drift upward from an expected 4.2% average in 2026 to 4.3% in 2028.” — Labor market section · source ↗