3 Futures for the U.S. Economy: A Strategic Scenario Outlook
Explore what’s next—prepare, adapt, and lead with foresight. The U.S. economy faces profound uncertainty. From fiscal expansion and rising tariffs to supply chain disruption and debt risk, policymakers and planners alike must prepare for multiple plausible futures. Cleveland Fed President Beth Hammack recently outlined three credible economic scenarios in response to the 2025 “Big Beautiful Budget” and evolving trade policy. These scenarios illustrate how inflation, employment, and debt dynamics might unfold over the next 5–10…