Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
Submitted by Anonymous (not verified) on Fri, 07/05/2024 - 21:10

Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.<

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ea
Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

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