The American economy is not heading into a recession. Why? Despite high interest rates and elevated #inflation, the economy has shown remarkable resilience. The Federal Reserve is expected to cut rates, which will lower the cost of credit and stimulate consumer spending and commercial activity. These actions, aligned with central banks in other developed economies, will ease financial conditions and spur global growth in the coming quarters. On the fiscal side, domestic infrastructure spending and industrial policies will soon enhance the #supplychain, foster advanced industries and increase the economy's long-term growth potential. 📈 Learn more from our Chief Economist Joseph Brusuelas ⟶ https://rsm.us/4emYDoR
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Director, Risk Management Association - Rocky Mountain Chapter Ancora imparo “Quintessential tailored banking”™ 💲💲
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