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Mixed Growth in US and Canadian Economies in Q4 2023 /
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2024-06-14 18:01:40

Mixed Growth in US and Canadian Economies in Q4 2023 on Nostr: US and Canadian Economies Expected to Experience Soft Landing Instead of Recession ...

US and Canadian Economies Expected to Experience Soft Landing Instead of Recession
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#b42868d0 ver:0.35

The US and Canadian economies are expected to have a soft landing instead of a recession, with gradual cooling in economic growth and labor markets. Canada's GDP rebounded in Q1 after two quarters of little growth. Both countries are projected to grow slightly below potential for the rest of the year. The US economy is returning to normal, and inflation outlook is improving. The Bank of Canada has trimmed rates, while the US Federal Reserve has kept rates unchanged. Monetary policy will be driven by incoming economic data. #US #Canada #economy #softlanding #recession...

#newstr #UsEconomy #CanadianEconomy #GdpGrowth #ConsumerSpending #Inflation #FederalReserve #BankOfCanada #InterestRates #RateCuts #LaborMarkets

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