Economic overview and forecast for 2024 Q2

September 10, 2024

Domestic production exceeded expectations in the second quarter of 2024, signaling a still-strong economy despite slower-than-expected progress on inflation and a slight softening in the labor market.

In response, the Federal Reserve forecasted a more moderate approach to loosening its hawkish monetary policy over time, citing ongoing economic strength in the face of high interest rates.

Honkamp Shareholder Rob Leibfried shares the second quarter’s economic highlights and forecasts for the remainder of the year: Economic overview and forecast for second quarter 2024

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