Bank of America analysts forecast a robust U.S. economy in 2026, projecting GDP growth at 2.8%—well above the consensus of 2.1%. Their optimistic outlook hinges on fiscal and monetary policy working in tandem. They credit last year's 75-basis-point Federal Reserve rate cuts and President Trump's 'One Big Beautiful Bill' for setting the stage.

The Trump administration's budget bill, passed last July, is expected to provide a significant consumer and capital expenditure stimulus. Analysts estimate it could add up to 0.4 percentage points to GDP growth this year. A resolution to the recent government shutdown may also deliver a one-off boost to first-quarter activity, though growth is projected to moderate in the second half.

BofA also highlights a potentially supportive trade policy environment. Regardless of an upcoming Supreme Court ruling on tariffs, the analysts believe trade uncertainty will fade, allowing the administration to prioritize new deals ahead of midterm elections. Continued strong AI-related investments are seen as another key pillar supporting economic expansion throughout the year.