IMF Staff Country Reports

United States: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the United States

Publication Date:

June 15, 2023

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy in 2022. Consumer demand has held up particularly well, boosted initially by a drawdown of pent-up savings and, more recently, by solid growth in real disposable incomes. Policy restraint is expected to continue to slow the economy in 2023 with a modest pick-up in momentum later in 2024. Unemployment is expected to rise slowly to close to 4½ percent by end-2024.

Series:

Country Report No. 2023/208

Subject:

Commercial banks Environment Financial institutions Inflation International organization Labor Labor markets Monetary policy Prices Renewable energy Wages

Frequency:

regular