Tag: economic growth

July 15, 2024 BY Elizabeth Anderson

Bond Brokers Positive About Substantial US Rate Cut In September

JP Morgan Wealth Management, a segment of JP Morgan Chase & Co. (JPM), indicated that the urban CPI decreased by 0.1%, making it the first month-over-month drop since May 2020. JP Morgan noted: The softer inflation data, coupled with June’s employment report which underscores a balanced labor market with signs of easing, are welcomed developments…

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Sales chart
January 18, 2024 BY Elizabeth Anderson

US retail sales for December 2023 higher than expected

The December increase bettered November retail sales by 0.3%, confirming the resilience of American shoppers while bolstering the economy. The numbers also allay fears of stinted economic growth, starting the new year on a positive financial footing. Out of the 13 categories monitored, nine experienced sales increases compared to November 2023. Clothing, fashion accessories, and…

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