US economy maintains growth rate - financial expert analyzes stability of purchasing managers' index

US economy maintains growth rate - financial expert analyzes stability of purchasing managers' index

According to a report by www.fuw.ch,

The US economy is maintaining its growth pace, as the purchasing managers' index for industry and service providers showed in November. The Fed continues to keep the door open for interest rate adjustments. Experts believe the Federal Reserve's monetary policy will lead to a slowdown in the economy at the end of the year as it seeks to control inflation with higher interest rates. The US economy more than doubled its growth in the summer quarter despite higher interest rates, with gross domestic product increasing by 4.9% on an annual basis. The second estimate of GDP in the third quarter is expected to grow by 5.0%, while the final quarter is forecast to slow to below 2.0%.

The tight monetary policy is expected to lead to a decrease in inflationary pressures in the US, reducing fears of further interest rate hikes. Inflation fell to 3.2% in October, down from 3.7% in September, and futures markets are now anticipating a potential rate cut next year.

These developments could cause the US economy to lose strength in the coming year due to the Federal Reserve's monetary policy actions and inflation developments. The financial industry should therefore adapt its strategies to be prepared for possible interest rate changes and a possible economic slowdown.