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The Federal Reserve downgrades its forecast for 2024 U.S. GDP growth to 2.0%.

The Federal Reserve forecasts that the GDP growth rate of the United States will be 2.0% in 2024 and 2.1% in June; the GDP growth rate of the United States is expected to be 2.0% in 2025 and 2.0% in June; the GDP growth rate of the United States is expected to be 2.0% in 2026 and 2.0% in June; the GDP growth rate of the United States in 2027 is expected to be 2.0%; the long-term GDP growth rate of the United States is expected to be 1.8% and 1.8% in June.