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Economic growth to slow and unemployment to rise, CBO projects

By Zach Halaschak
Published July 26, 2023 6:02pm ET
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Economic growth to slow and unemployment to rise, CBO projects
The Congressional Budget Office expects economic growth to slow this year and unemployment to rise over the next couple of years, it announced in an update to its economic projections released Wednesday. The nonpartisan group of congressional budget analysts foresees the Federal Reserve as being successful in its quest to drive down inflation, but with […]

The Congressional Budget Office expects economic growth to slow this year and unemployment to rise over the next couple of years, it announced in an update to its economic projections released Wednesday.

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Congressional Budget Office Federal Reserve GDP Inflation Unemployment Washington D.C.