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The US economic slowdown that wasn't
Economists anticipated lackluster economic growth last quarter. Instead, growth surged, a sign of the still-resilient economy. Why it matters: The soft landing was very much intact this spring. Price pressures eased, but not at the expense of the strong economy and labor market. What they're saying: "While these estimates will be revised a few times, they do point to the continued strength of the U.S. economy despite the high interest rate environment we've been in for over a year," NerdWallet senior economist Elizabeth Renter wrote Thursday morning. The big picture: The economy grew at an annualized 2.8% in the ... (full story)
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JAPAN TOP CURRENCY DIPLOMAT KANDA: TOLD G20 MUST BE INCREASINGLY VIGILANT TO EXCESSIVE, SPECULATIVE FX FLUCTUATION post: JAPAN TOP CURRENCY DIPLOMAT KANDA: TOLD G20 NEED TO RESPOND APPROPRIATELY IN MARKETS BASED ON GROUP'S FX AGREEMENT
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- Posted: Jul 25, 2024 6:16pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,025
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