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Global Economics

A Path to Prudent Policy
U.S. Economic Outlook Second Quarter 2024
Monetary policy is at a turning point at inflation slows, yet inflation risk remain.
The fed's challenge is maintaining employment and not inflating housing.

Turning Point
Slowing inflation. Moderate employment. The Fed is at a decision point. Stay tuned.

Debt and Demand
Demographics and debt in China conspire to the limit future growth. Other countries will need to lead.
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