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US Growth Remains Modest But Sustainable as Central Banks Cut Rates.
- Source :
-
Journal of Business Forecasting . Fall2024, Vol. 43 Issue 3, p39-47. 6p. - Publication Year :
- 2024
-
Abstract
- The article discusses the current state of the U.S. economy, focusing on modest Gross Domestic Product (GDP) growth and inflation trends. Topics discussed include the Federal Reserve's (Fed) anticipated rate cuts, the slowdown in job openings and the labor market, and the expected growth in M2 money supply, a measure of the money supply that includes cash, checking deposits, and easily convertible near money to support economic stability.
Details
- Language :
- English
- ISSN :
- 1930126X
- Volume :
- 43
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Journal of Business Forecasting
- Publication Type :
- Academic Journal
- Accession number :
- 180790707