“The stock market record shows the optimism of American investors about the economy. The inflation fever seems to be over and the Central Bank is proposing three interest rate cuts for next year. The fear of a recession seems to be fading. Unemployment is historically low, the The economy is growing strongly and wages are rising,” America correspondent Björn Soenens explains the enthusiasm at the stock exchange.
However, Soenens makes a comment. “Consumers in America remain dissatisfied with the higher food prices and the high mortgage loans of 7 percent and more. The unaffordable house prices also give many Americans the feeling that the economy is not working for them as it should,” Soenens concludes.
2023-12-13 22:51:00
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