Macroeconomic Monitor September 2024 – Navigating Economic Challenges: Growth and Headwinds Across Key Global Economies
The US economy showed strong GDP growth in Q1 2024, driven by personal and government spending, while manufacturing contracted in August with a PMI of 47.9, signaling weaker demand and a potential slowdown in production. Meanwhile, the Federal Reserve implemented a 50-bps rate cut in September to support growth amid inflation stabilization and slowing job […]
