Rising interest rates may threaten the “soft landing” outlook for the US economy, but the upcoming preliminary estimate of third-quarter GDP from the government still looks set to report that output picked up from Q2.
Daily Archives: October 4, 2023
Macro Briefing: 4 October 2023
* Republicans remove House speaker, leaving chamber in chaos
* Rising Treasury yields threaten ‘soft landing’ scenario for US economy
* Two Fed officials say interest rates will likely stay high
* US auto sales rose in Q3 despite strikes and higher interest rates
* ‘Stalling and divergent’ global economy expected, UN trade division predicts
* Saudi Arabia says its oil production cuts will last through end of year
* US job openings post unexpected gain in August:
