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America's Economic Engine - Dynamic Women
Manage episode 372531238 series 3392107
Innhold levert av Mike Frazier. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Mike Frazier eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
The Federal Reserve took interest rates to a 22-year high this week, reaching 5.5%. The Market seems to be declaring a Fed victory over the historic inflation. The Consumer Price Index is now down to 3%. It hit over 9% last Summer. Importantly, the Fed no longer forecasts a recession ahead. That's new. What's also new is the Economy accelerated in Q2. It grew 2.4%, faster than anticipated. Americans are out and about, and they keep spending. The Fed even said that Taylor Swift has been an economic engine for America. You better believe it. I'm not making that up. More on T Swift below.
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