25/08/2023 4:30:29 PM | Source: Geojit Financial Services
Quote on US Economy Shows Resilience: GDP Growth, Inflation, and Unemployment in Focus Dr. V K Vijayakumar, from Geojit Financial Services
Below the quote on US Economy Shows Resilience: GDP Growth, Inflation, and Unemployment in Focus from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"The US economy is exhibiting strength with GDP growth around 2%, consumer inflation at 3.2% and unemployment at 3.5%. The trends in these important indicators will be watched by the Fed and its message will be influenced by the latest data on these macros. The Fed is unlikely to sound dovish."
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