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Americans' household debt hits $17.7 trillion in first quarter of 2024

Americans' household debt hits $17.7 trillion in first quarter of 2024
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Experts say the American Economy is Doing Well

Experts say the American Economy is Doing Well
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The US economy is cooling off. Why experts say there's no need to worry yet

The finding, released in a Commerce Department report this week, renewed a question that has lingered over the economy: Should Americans be worried about where it's headed? "GDP decelerated pretty significantly," Stephan Weiler, a professor of economics at Colorado State University and a former Fed research officer, told ABC News, but he acknowledged the limitations of the new finding. Gross domestic product, a measure of all the goods and services produced in the economy, recorded 1.6% annual growth over the first three months of the year, the Commerce Department said this week. ....

Bret Kenwell , Federal Reserve , Fed Funds , Commerce Department , Federal Reserve , Stephan Weiler , Interest Rates ,

The US economy is cooling off. Why experts say there's no need to worry yet

The US economy is cooling off. Why experts say there's no need to worry yet
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