US Outlook: Shifting headwinds
The US economy faces shifting headwinds – Higher inflation and greater uncertainty triggered by Russia’s invasion of Ukraine are overshadowing current concerns about Covid. We anticipate real GDP will grow by 3.2% this year and slow to 2.0% in 2023, but risks are tilted to the downside given the intensifying inflation shock, increased supply chain stress, a more hawkish Fed, and a large fiscal drag.
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Kathy Bostjancic
Chief US Economist
Kathy Bostjancic
Chief US Economist
Kathy Bostjancic is the Chief US economist at Oxford Economics. She is responsible for assessing the impact of macroeconomic forecasts and analyses on the financial markets. Kathy presents the economic outlook and market implications to US asset managers and other clients. She is also a media spokesperson. Kathy leads and collaborates on multiple consulting projects for US clients.
Lydia Boussour
Lead Economist
Lydia Boussour
Lead Economist
Lydia joined Oxford Economics in 2018. She primarily covers US economic and monetary policy developments and provides analysis of high-frequency economic indicators. Prior to joining Oxford Economics, Lydia spent five years at Evercore ISI as a US economist, providing clients with timely analysis on the US economy. She also worked at Société Générale in London and New York as a research associate on the global economics team.
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