Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

Upworthy

Published

Americans continued their revenge spending in the third quarter despite persistent inflation and rising interest rates, helping the U.S. economy grow at its fastest pace since late 2021. Real gross domestic product (GDP) grew at a 4.9% annual rate last quarter, according to the so-called advance…

#bls #federalreserve #bidenomics #markhamrick #bankrate #federalreserves #treasury #ukraine #israel #olusonola

Full Article