Page 2 - Gregory Daco News Today

Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. But many middle class Americans are cutting spending.

The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.

There’s never a good time to carry a credit card balance, but right now is arguably the worst time. Experts say there are solutions for those who feel trapped.

There’s never a good time to carry a credit card balance, but right now is arguably the worst time. Experts say there are solutions for those who feel trapped.

There’s never a good time to carry a credit card balance, but right now is arguably the worst time. Experts say there are solutions for those who feel trapped.

By Matt Egan, CNN

Explore our global insights that look at how you can build confidence in AI, drive exponential value throughout your organization and deliver positive human impact. Learn more.

Looking to seize the next growth opportunity or expand horizons? EY can help with corporate level strategy and transaction advisory services.

Gregory Daco, chief economist at EY breaks down April's jobs report and what it means for the next few months.

By Alicia Wallace, CNN