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The United States GDP

The US economy grow by 2.8 percent in the second quarter of 2024, stronger than expected. We see this as confirmation of our assessment that the U.S. economy has not entered a slowdown trajectory. Additionally, the Fed is likely to begin cutting bank interest rates in the future as the direction of inflation turns further downward. Economists believe the US economy remains safe, despite high bank interest rates.

 

Dr. Kamaran Qader Yaqub,
Financial Consultant at Investment Spot company. 


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