The Cost of Soaring Uncertainty: What Uncertainty Means for the US Outlook
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The Cost of Soaring Uncertainty: What Uncertainty Means for the US Outlook

/ Essay

Economic policy uncertainty has surged in recent months on the back of a flurry of executive actions and tariff policy changes by the new administration. This uncertainty creates downside risks to economic growth in the US. This report assesses the impact of the rising uncertainty and suggests that, if sustained, it could shave at least one percentage point from annual GDP growth in 2025.

Economic policy uncertainty has surged in recent months on the back of a flurry of executive actions and tariff policy changes by the new administration. This uncertainty creates downside risks to economic growth in the US. This report assesses the impact of the rising uncertainty and suggests that, if sustained, it could shave at least one percentage point from annual GDP growth in 2025.

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