Economy Bounces Back, Inflation Cools

U.S. Economy Surges with GDP Growth, Cooling Interest Rates, and Slowing InflationThe U.S. economy is experiencing a robust recovery, with GDP growth reaching a four-year high of 4.3% in the third quarter. Interest rates are also cooling off, with thirty-year mortgages hovering around 6.3%. Although inflation remains slightly above the Feds target, it has significantly slowed from its peak, earning the economy an A-minus grade.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.