Recession

While the recent job numbers ‘look shiny from a distance,’ economic forecaster Sean Snaith said that ’there’s a little bit of tarnish.’

‘There seems to be a large number of persistent inflationary pressures, which may likely continue,’ Mr. Dimon wrote.

‘Beware of higher rates and recession,’ he said.

But what impact will higher inflation have on interest rates moving forward?

New revised GDP data show better-than-expected economic growth in fourth quarter 2023, but real-time GDP estimates for first quarter 2024 dropped sharply.

Larry Fink predicts higher inflation for longer ‘and much of that is going to help those people who are worried’ about inflation.

With local authorities facing cash-flow problems, there are growing concerns about the $9 trillion LGFV debt market.

How much could lower global growth hurt the U.S. economy?

A measure of producer price inflation came in hotter than expected, suggesting price pressures remain high and the fight to tame inflation will take longer.