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2024-08-29 18:13:35

Mediaite on Nostr: 'Vibecession Starting to Break': U.S. Economy Grew More Than Expected As Stock Market ...

'Vibecession Starting to Break': U.S. Economy Grew More Than Expected As Stock Market Surges Toward Another Record High
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U.S. GDP grew at an annual rate of 3% for Q2 2024, revised up from 2.8%; this is an increase from 1.4% in Q1; consumer spending remains strong despite high prices; private business investment shows optimism about the economy; Federal Reserve expected to start cutting interest rates in September 2024; consumer confidence reached a six-month high; economist describes the economy as 'firing on all cylinders'; discussion occurred on MSNBC with Christine Romans on August 29, 2024.

#UsEconomy #Gdp #StockMarket #FederalReserve #ConsumerConfidence #EconomicGrowth #ChristineRomans #Msnbc #InterestRates #2024Election

https://www.mediaite.com/tv/vibecession-starting-to-break-u-s-economy-grew-more-than-expected-as-stock-market-surges-toward-another-record-high/
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