Friday, June 21, 2024

BACK TO MOST NEGATIVE SINCE 2022: The U.S. Economy is Slowing > risks to economic well-being increase

 



Mohamed A. El-Erian
@elerianm
Thanks
@lisaabramowicz1
 As detailed previously, including in yesterday’s
@FT
, the US economy is slowing at a faster rate than most currently expect, including the #FederalReserve. The related risks to economic well-being increase in a world of excessive data dependency by the Fed. (For background: ft.com/content/40301e )
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Lisa Abramowicz
@lisaabramowicz1
The Citi US economic surprise index has fallen to about the most negative since 2022, h/t @daniburgz
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