Reported about 1 month ago
As the November presidential election approaches, the economy is showing mixed signals, with a moderating job market, new layoffs from major companies partly due to AI, and record-high gold prices. Additionally, the Federal Reserve's expected interest rate cuts have investors optimistic, though some experts warn this may indicate a looming economic slowdown in 2025. In a discussion with economist Judy Shelton, concerns about the Fed's timing in rate cuts and predictions for gold prices post-election are highlighted.
Source: YAHOO