The Commerce Department’s advanced GDP print released on Thursday showed the U.S. economy grew 1.6% in the January-through-March period (Q1) of 2024…
Continue readingWeek in Review: Higher-for-Longer U.S. Interest Rates
Tensions in the Middle East and the possibility of U.S. interest rates remaining “higher for longer” weigh on sentiment.
Continue readingWeek in Review: Elevated U.S. CPI and Escalating Debt Levels in China
U.S. stock markets saw a decline for the week due to increased concerns about conflict in the Middle East and ongoing inflation worries, leading to higher long-term Treasury yields.
Continue readingWeek in Review: Strong Hiring and Manufacturing Growth in March
In March, U.S. employers surpassed expectations by hiring a significantly larger number of workers and increased wages.
Continue readingWeek in Review: Robust end for the U.S. economy in 2023
The U.S. economy exceeded expectations in the final quarter of 2023, with a revised annual growth rate of 3.4%, up from the previous estimate of 3.2%.
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