2025 outlook: The year ahead

  1. Economic growth is expected to be between 2.2% and 2.5%, bolstered by full employment and stable prices.
  2. RSM predicts four Federal Reserve rate cuts of 25 basis points each, while the 10-year Treasury yield may approach 4.5%, possibly hitting 5% by year-end.
  3. Ongoing growth is anticipated in 2025, with only a 15% chance of recession within the next year.
  4. Expect continued trade restrictions and policies aimed at reinforcing critical domestic supply chains and ensuring abundant energy sources.

Source: https://rsmus.com/insights/economics/the-us-economic-year-ahead-2025.html