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The US economy is giving off weird vibes right now. There are millions of job openings and the unemployment rate is low. In fact, it hasn’t been this low for such a long stretch of time in decades.
At 4.3% now, unemployment remains historically low. But wait, there’s context: Job creation has been slowing down in the face of high interest rates, which make it harder for businesses to expand.
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its ...
Boston Fed president Susan Collins said the central bank will likely need to cut interest rates further, the latest in a chorus of Fed policymakers to publicly support more monetary policy easing ...
Economic data releases and earnings The US economy continues to impress. And we think there is a fairly straightforward, fundamental story that explains why we stand where we stand in July 2023.
The United States has a highly developed mixed economy. [40] [41] [42] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [43]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
Stocks rallied Wednesday after December's CPI print finally showed some relief in core inflation and investors calibrated Fed rate cut bets. But the threat of sticky prices still looms in the face ...
(The Center Square ) – This week’s economic data deluge will provide critical insights into whether the economy was re-accelerating as we closed out 2024 and entered 2025.