Reported about 1 month ago
This week, U.S. job growth numbers revealed a slowdown, with only 142,000 new jobs added in August and an average of 116,000 over the past three months. Despite concerns, consumer sentiment appears to be improving, suggesting the end of the 'vibecession' as inflation stabilizes near 2.9%. With low unemployment and decreasing gasoline prices, there are hopes for a soft landing for the economy, though some economists warn of potential recession signs. As preparations for interest rate cuts begin, the focus could shift to how voters respond to economic conditions leading up to the upcoming presidential elections.
Source: YAHOO