A promising economic horizon for the next US president
As we approach 2025, the US economic landscape looks increasingly favorable. Current trends point to a positive outlook for the next few years, setting the stage for a potential economic boom. But who will get the credit for this promising scenario? Economic stabilization and investment in infrastructure The US economy is expected to stabilize significantly in the coming years. With inflation normalizing, the Federal Reserve is preparing to lower interest rates. Significant infrastructure investments initiated during the Biden administration are expected to begin to yield significant results by 2025 and 2026. This includes large-scale projects funded by the Infrastructure Investment and Jobs Act of 2021, which allocated more than $850 million to upgrade the Montgomery Locks and Dam in Western Pennsylvania. The influence of federal policy Although President Biden has announced he will not seek re-election, handing the Democratic torch to Vice President Kamala Harris, his administration&