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United States: Remarkable Resilience The U.S. economy expanded at a stronger-than-expected pace in Q3, with real GDP increasing at a robust 4.9% annua

Summary United States:Remarkable Resilience The U.S. economy expanded at a stronger-than-expected pace in Q3, with real GDP increasing at a robust 4.9% annualized rate. Data on consumer spending, durable goods, initial claims and new home sales also continued to show remarkable resilience, given higher interest rates and tightening credit conditions.

00% and said the current level of interest rates should eventually see inflation return toward target, while also observing signs of weakness across the Eurozone economy.

 

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Finance Finance Latest News, Finance Finance Headlines