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    US Economy Slowed in Recent Weeks, Fed Survey Shows

    U.S. economic activity slowed from late October through the middle of November, while businesses reported inflation largely moderating and easier hiring for jobs, the Federal Reserve said in a report on Wednesday, underscoring waning economic momentum into the tail end of the year.


     

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    OECD Sees a Deepening Slowdown in Advanced Economies
    The latest forecast from the OECD shows the slowdown for the world’s advanced economies deepening in 2024 with global gross domestic product expected to expand only 2.7% next year after an already weak 2.9% in 2023. OECD Chief Economist Clare Lombardelli explains the results.
    Nov 29, 2023

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