By: Bloomberg Finance L.P. and Wells Fargo Economics (December 13, 2024)

Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts.

The most significant highlights are:

  • Industrial Production (MoM) increasing from -0.3% to 0.3%
  • FOMC Rate Forecast: Next Year increasing from 3.375% to 3.625%
  • Personal Income decreasing from 0.6% to 0.4%