[S&P expects US economic growth to slow in 2025] Golden Finance reported that S&P Global Ratings said in a report that it expects US economic growth to slow to 1.8% next year from 2.7% this year. S&P said it expects consumers to control spending in the coming quarters. Although the Federal Reserve is expected to continue to cut interest rates, S&P said: "We believe that the upcoming period of gradual easing is more of a precautionary measure to prevent economic growth from being too low below potential rather than an immediate stimulus to the real economy." S&P said that in addition to the continued downturn in housing and manufacturing, most of the latest activity indicators show that economic growth momentum is still slightly above trend. The agency also said that due to rising potential growth, it has raised its growth forecasts for 2026 and 2027.