last week’s job reports points to a solid US economy with little sign of a recession on the horizon.
Financial markets are flashing signs that an economic downturn could arrive sometime next year
now we have lots of inflation, but the question is can we get inflation back to 2% without disrupting the economy
does not seem the US has contracted over the first two months of the year
Still supports a 75 basis point hike at the July meeting
higher rates limit the ability of consumers and businesses to borrow and spend which can cool growth and inflation, but they also carry the risk of tipping the economy into a downturn
other measures of the economy, such as broad measures of workers and business incomes, suggests the economy likely expanded in the 1st 6 months of this year
businesses added 2.7 million jobs during that time, a robust total that reflects an optimistic outlook among businesses