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Global Economics

The Price of Greatness
U.S. Economic Outlook Fourth Quarter 2024
Monetary policy is slowing the economy, while trade policy heightens economic and inflation uncertainty. Their combination may bring stagflation or worse.

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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