Trump Media and Tech Group (Politics Allowed~Non-Moderated) (DJT)

[blackhawks]

No, but I will tell you that you're a hyper-partisan, hyperbolic, economically illiterate piece of💩 incapable of criical thinking or any semblance of objectivity. The metrics I gave you are accurate and any GOP president would be bragging on them and on those below..

As for not 'feeling it'? That's mostly ignorant Trumpanzees whose longing for the return of Orange Hitler has made them even MORE stupid, if that's possible. F'k your feelings, snowflakes.

To the surprise of the Fed and most economists, the progress against inflation has so far been accomplished without causing much economic pain. The unemployment has come in below 4% for 24 straight months, longest such streak since the booming 1960s. And employers have been adding a healthy average of 244,000 jobs a month over the past year, including more than 300,000 in both December and January.

American households are largely in good financial shape, allowing consumers to spend. And businesses have improved productivity by using automation and finding ways to make employees work more efficiently.

The combination of easing inflation and sturdy hiring and GDP growth has raised hopes the Fed can pull off a rare “soft landing’’ — vanquishing inflation without causing a recession.

“We think growth will slow but will remain positive over coming quarters,’' said Rubeela Farooqi, chief U.S. economist at High Frequency Economics. But the economy is likely to get a lift, she said, from Fed rate cuts later this year. The central bank has signaled that it expects to cut its benchmark rate three times in 2024.

Wednesday’s report was the second of three Commerce Department estimates of fourth-quarter GDP growth. The final revision comes out March 28.

https://apnews.com/article/economy-inflation-federal-reserve-gdp-unemployment-22f096fe881d4a48314c67d6f4cc67ba