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 | 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

Canada. Trade Balance. The value of the indicator has increased from $-6.43B to $0.15B
Today at 1:30 PM
United States. Trade Balance. The value of the indicator has increased from $-59.3B to $-52.8B
Today at 1:30 PM
Australia. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
Today at 12:30 AM
Australia. Employment Change. The value of the indicator has decreased from 41.1K to -21.3K
Today at 12:30 AM
United States. Interest Rate Projection - Current. The value of the indicator remained at the same level of 3.6%
Yesterday at 7:01 PM
Top news
United States. Trade Balance. The value of the indicator has increased from $-59.3B to $-52.8B
Today at 1:30 PM
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
Today at 8:30 AM
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4% to 3.75%
Yesterday at 7:01 PM
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
Yesterday at 2:45 PM
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
9 December
All news

Forecasts

ETHUSD sell
Period: 19.12.2025 Expectation: 20000 pips
ETHUSD buyers take profits upon reaching monthly highs
FA Other Chart analysis Indicators
Today at 10:41 AM 17
John_Bullard
Natural gas sell
Period: 18.12.2025 Expectation: 635 pips
Natural gas selloff on rebound to resistance
TA Other Technical analysis FA Other Indicators Fundamental analysis
Today at 09:31 AM 17
Lyra_Moonwell1
USDJPY buy
Period: 18.12.2025 Expectation: 1350 pips
Investing in USDJPY after Fed’s December dovish turn
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 08:18 AM 27
Emily_Foster
BTCUSD sell
Period: 31.12.2025 Expectation: 8200 pips
Bitcoin selloff down to $87,400
FA Other Chart analysis
Yesterday at 10:50 AM 63
McCarthy_Raymond
USDCAD buy
Period: 17.12.2025 Expectation: 920 pips
USDCAD consolidates as traders await Fed and BoC guidance
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:46 AM 47
Lyra_Moonwell1
EURUSD sell
Period: 31.12.2025 Expectation: 380 pips
Selling EURUSD regardless of Fed rate decision
FA Other Chart analysis
Yesterday at 09:53 AM 57
Bruce_Powers
Go to forecasts