Economists expect the U.S. economy to maintain steady momentum in the second quarter, supported by resilient consumer spending and solid corporate earnings. The latest forecasts point to continued growth even as households and businesses navigate higher prices and tighter financial conditions.

Inflation remains the main concern for policymakers. While growth has held up better than many analysts expected, price pressures continue to complicate the Federal Reserve’s path on interest rates and raise questions about how long demand can stay strong without reigniting broader inflation.

The report suggests the economy is proving more durable than some forecasts predicted earlier in the year. Still, the balance between growth and inflation remains delicate, with officials watching whether consumer demand can keep expanding without adding fresh pressure to prices.

For now, the outlook reflects an economy that is slowing only gradually, not stalling. That resilience offers support for workers and businesses, but it also leaves policymakers with a familiar challenge: protecting growth while bringing inflation fully under control.