GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Posted inBuilding (Construction) Commerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Recession and Depression United States Economy

GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.
The Fed Is Trying to Cure Inflation Without Starting a Recession
Posted inBanking and Financial Institutions Consumer Price Index Content Type: Service Coronavirus (2019-nCoV) Interest Rates Personal Finances Recession and Depression Stimulus (Economic) Stocks and Bonds Unemployment United States Economy

The Fed Is Trying to Cure Inflation Without Starting a Recession

Lowering inflation to 2 percent without causing a recession and throwing people out of work would be a rare achievement. The markets are acting as if it has already happened.