Recession forecasts continue to swirl in some corners of the economics profession, but early econometric estimates for third-quarter GDP data suggest that the expansion will persist for now.
Daily Archives: August 15, 2023
Macro Briefing: 15 August 2023
* Why did so many economists miss the “big disinflation”?
* Japan’s economic growth roars back in Q2 as exports surge
* China announces surprise interest rate cut amid struggling economy
* China halts publishing youth jobless rate data after it hits record high of 20%
* Wall Street sees low-priced commercial real estate as investment opportunity
* Fitch says it may downgrade dozens of banks, including JPMorgan Chase
* Russia’s central bank lifts interest rates sharply to combat sliding ruble
* 10-year US Treasury yield ticks up to 4.19%, highest since late-2022:
