55% of economists believe that the performance of the U.S. economy will be weaker than expected

The panel of economists from the National Association for Business Economics (NABE) pointed out that overall economic risks are increasing, with 55% of economists stating that the likelihood of weaker-than-expected economic performance is greater than better-than-expected performance. The Federal Reserve's policy tops the list of potential influencing factors. Currently, the median forecast from this expert group shows that US economic growth is expected to slow down from this year's anticipated 2.6% to 1.8% next year, and unemployment rate will rise from current 4.2% to 4.4%. Inflation rate next year is projected to reach 2.1%. Two-thirds of respondents said they expect an economic recession not until at least 2026.