Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
14 May 2025 | Dollar

JPMorgan Chase upgrades US economic growth forecast for 2025

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD
JPMorgan Chase upgrades US economic growth forecast for 2025

Following a short-term trade pact between the US and China, Michael Feroli, chief economist at JPMorgan Chase, has revised his forecast for American GDP in 2025. The expected recession has shifted to a growth projection of 0.6%, up 0.4% from previous estimates.

Now that the US has eased its tariffs on China, the expert believes the chances of a national economic downturn are less than 50%. Moreover, core inflation, which excludes energy and food costs, is likely to hit 3.5% instead of 4%.

Feroli has also adjusted how he expects the Federal Reserve to act in the coming months. Seeing the labor market to weaken less, he has pushed back the timeline for cutting interest rates in the US. The new projections suggest that monetary policy will change in December this year instead of September as previously anticipated.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. Atlanta Fed GDPNow. The value of the indicator remained at the same level of 2.7%
1 hour ago
United States. Michigan 1-Year Inflation Expectations. The value of the indicator remained at the same level of 3.4%
Today at 2:01 PM
United States. PCE price index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
Today at 12:30 PM
United States. Real Consumer Spending. The value of the indicator has decreased from 2.4% to 2%
Today at 12:30 PM
United States. PCE Price Index (MoM). The value of the indicator has decreased from 0.4% to 0.3%
Today at 12:30 PM
Top news
United States. PCE price index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
Today at 12:30 PM
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 3% to 3.1%
Today at 12:30 PM
United States. GDP (QoQ). The value of the indicator has decreased from 1.4% to 0.7%
Today at 12:30 PM
United States. Trade Balance. The value of the indicator has increased from $-72.9B to $-54.5B
Yesterday at 12:30 PM
United States. CPI (YoY). The value of the indicator remained at the same level of 2.4%
11 March
All news

Forecasts

Silver sell
Period: 27.03.2026 Expectation: 10000 pips
Silver consolidates below resistance
TA Other Indicators and reports Indicators Chart analysis Hot news
Today at 10:32 AM 22
Sinclair_John
AUDCAD buy
Period: 20.03.2026 Expectation: 1390 pips
AUDCAD pullback offers buying opportunity ahead of expected RBA hike
FA Other Technical analysis TA Other Indicators Fundamental analysis
Today at 10:03 AM 18
Lyra_Moonwell1
Brent sell
Period: 30.04.2026 Expectation: 1500 pips
New play for Brent crude is to sell from $110 per barrel
FA Other TA Other
Today at 09:23 AM 11
Bruce_Powers
S&P 500 sell
Period: 31.12.2026 Expectation: 5000 pips
Selling SPX down to $6,200
FA Other TA Other
Today at 09:23 AM 12
McCarthy_Raymond
GBPUSD sell
Period: 20.03.2026 Expectation: 1100 pips
GBPUSD is on verge of breaching support amid global flight into dollar
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Today at 09:11 AM 15
Emily_Foster
Brent buy
Period: 20.03.2026 Expectation: 500 pips
Buying Brent crude with $105 in view
FA Other TA Other Indicators Chart analysis Hot news
Today at 07:49 AM 18
Reed_Marcus
Go to forecasts