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The U.S. economy is experiencing a deceleration period, with real GDP growth expected to slow down to a pace between slight expansion and contraction. This slowdown is attributed to the diminishing effects of monetary policy and the fading post-pandemic tailwinds. Consumer spending will likely increase at a more subdued rate due to diminished excess savings and plateauing wage gains. Despite these challenges, the economy might avoid a severe downturn by maintaining quantitative tightening and Visit Ncedclouds potential policy rate ad... more