After a huge year for growth, the U.S. economy is about to slam into a wall


Free food is handed out by the Brooklyn community organization PASWO during a weekly food distribution on December 08, 2021 in New York City.

Spencer Platt | Getty Images

Spurred by a massive inventory rebuild and consumers flush with cash, the U.S. economy last year grew at its fastest pace since 1984.

Don’t expect a repeat performance in 2022.

In fact, the year is starting with little growth signs at all as the late-year spread of omicron coupled with the ebbing tailwind of fiscal stimulus has economists across Wall Street knocking down their forecasts for gross domestic product.

Combine that with a Federal Reserve that has pivoted from the easiest policy in its history to hawkish…


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