Economists' Survey: Fed To Keep Interest Rates High Through 2026
U.S. central bankers won’t be ready to fully let up the brakes and give the U.S. economy more gas for more than two years.
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U.S. central bankers won’t be ready to fully let up the brakes and give the U.S. economy more gas for more than two years.
Rate cuts might not bring the relief consumers have been waiting for.
WASHINGTON, (Feb. 5,2024 ) — The not seasonally adjusted national construction unemployment rate at 4.4% was unchanged in December 2023 from the previous year,
Inflation slowed much faster than expected last year, but economists still aren’t optimistic that the inflation problem will be solved for another year — if not more.
The U.S. economy has been surprisingly resilient and dodged recession forecasts for more than a year now. Even so, economists say the risks of one are still high.