Global Macro Service > Research Briefings > United States

Bidenomics represents an upside policy risk for 2021

Despite slowing US economic momentum, a worsening health situation, and rising election uncertainty, the policy outlook carries upside risks for the economy. Assuming Democrats sweep, we find Bidenomics could lift real GDP growth by 1.2ppts to 4.9% in 2021, vs. 3.7% in a status quo policy baseline.

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