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Economist: US inflation data may stabilize at the Federal Reserve's target level by the end of next year or early 2026

2024-09-22 15:53

According to a report by Golden Ten, Elizabeth Lunt, a senior economist at NerdWallet, stated that if everything goes according to plan, US inflation data will continue to slow down and then stabilize at the Federal Reserve's target level by the end of next year or early 2026, hoping that there will not be a severe economic recession during this process. In addition, Bret Kenwell, an investment analyst at eToro in the United States, stated that in order to maintain economic stability and prevent inflation from resurging, lower interest rates and strong profit growth can continue to drive US stocks higher in the long run.

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