ru24.pro
News in English
Ноябрь
2024

Tighter immigration policy, rising tariffs to slowdown US economic growth: Morgan Stanley

0

New Delhi [India], November 22 (ANI): The US economy is projected to experience slower growth and persistently high inflation in the coming years, according to a report by Morgan Stanley.

The firm has revised its GDP growth estimates downward, citing factors like a cooling labor market, tighter immigration policies, and rising tariffs as major contributors to the slowdown.

The report forecasts GDP growth of 2.4 per cent i