Political uncertainty clouds US economic soft landing
The US economy remains on track for a relatively soft landing amid heightened political uncertainty
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In this article
- Employment
- Fed Chair Jerome Powell has noted that the labour market is less tight than just before the pandemic and that the Fed is not looking for further cooling. However, while jobs growth may be weaker than thought, unemployment remains low at 4.3% and there are still more jobs available than unemployed persons.
- Consumer spending
- Housing
- Monetary policy
- Government policy
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This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
