Podcast: GDP growth ended 2022 with an unhealthy mix
How does Q4’s GDP report impact our outlook of the economy and financial markets—and the potential for a recession?
The economy continues to show signs of slowing with the housing market, which is on the front lines as the Fed raises interest rates, leading the downtrend. Demand remains strong in many industries, however, with payroll gains still far above the long-run average and inflation not in the same ballpark as the Fed’s 2.0 percent goal — likely prompting another outsized rate hike by the Fed this month.
Key Takeaways:
Rates continue to climb as the economy shows some slowing: View the full report to learn more.
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