2024 1st Quarter U.S. Economic & Investment MarketReview
The U.S. is on pace for a soft landing, but risks remain – As falling inflation and rising real wages offset dwindling excess savings and tighter credit conditions, moderate consumption growth should carry the U.S. economy to a soft landing. That said, with a U.S. election on the horizon, higher policy rates and elevated geopolitical tension, risks remain that could knock the U.S. economy off its steady path.