Economists see slow US growth, stubborn inflation well into 2026

Economists predict sluggish US economic growth through 2026, hampered by tariff-driven inflation impacting consumers. GDP growth is projected to slow to 1.1% in the second half of the year, with consumer spending mirroring this pace. Despite expectations of easing inflation, it will likely remain above the Federal Reserve's 2% target, posing challenges for monetary policy.