The U.S. economy is barreling ahead, but stubborn inflation is a big problem
FROM THE WIRE · MARKETWATCH.COM
The largest part of the U.S. economy grew at a rapid pace just ahead of the holiday shopping season, but business leaders were not in a festive mood due to stubborn inflation.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrong growth and sticky inflation make the Fed's next moves uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The largest part of the U.S. economy grew at a rapid pace.
- 02The growth came just ahead of the holiday shopping season.
- 03Business leaders are worried about stubborn inflation.