The US economy may grow by 2% in the fourth quarter of 2023

Reuters expects US GDP growth in the fourth quarter of 2023 to slow to 2%.

The report notes that this figure represents the lowest pace of growth since the second quarter of 2022, as the economy had grown by 4.9% in the previous quarter.

The report highlights a slight slowdown in consumer spending, which is an important factor shaping economic performance.

In the context of annual expectations, the survey indicates expectations of economic growth of 2.5% over the course of 2023, compared to the 1.9% growth recorded in 2022.

In this context, the US Department of Commerce is scheduled to issue its report on economic growth in the fourth quarter of 2023, which is expected to cast a positive shadow on expectations of lowering interest rates.

The Federal Reserve is expected to move toward this measure in the first half of this year, based on current economic indicators.