The American economy is performing far better than the tumble in annual growth from 3.9% to 1.5% suggestsNothing approximately the world’s biggest economy is clear at present. Will the Federal Reserve raise interest rates before Christmas? Nobody is really sure. Is the economy still recovering well or is it on the cusp of a fresh downturn? The jury’s out on that and the latest data doesn’t attend much either. Related: US economic growth slows in third quarter as businesses cut back Continue reading...
Source: theguardian.com