#美国经济指标 analyzed the latest annual forecast survey from NABE and found that the outlook for the US economy is mixed. GDP growth is expected to accelerate slightly to 2% next year, but inflation will likely remain high and the unemployment rate may edge up. Tariff policy is the biggest downside risk and could drag economic growth down by 0.25 percentage points. Given inflationary pressures, the Federal Reserve has limited room to cut rates and may only lower them by 50 basis points next year. Overall, economic growth momentum is lacking, but there are no clear signs of a recession. It is recommended to closely monitor subsequent economic indicators and policy developments, especially progress in trade negotiations, to assess their impact on asset pricing.