What’s in Store for 2024?
To conclude this year’s final quarter, Daniel Laufenberg, Ph.D. addresses what the coming year has in store for the U.S. economy. In this article, he provides greater insight on why a recession is still needed for the Fed to achieve its inflation target, but how the narrative has changed.
The key headlines are:
- Why the Fed is in no hurry to cut rates
- A reflection of GDP, employment, CPI, and inflation data
- Explaining the economy’s recent gain in momentum