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Is the economy great or terrible?

I point out it’s not just the hedge-fund set who feels this way; huge swaths of Americans, including thousands upon thousands of Zohran Mamdani voters, seem to feel our economy is untenable. And those ...
The FOMC’s latest projections call for just one quarter-point rate (0.25%) interest rate cut next year. There is dispersion among those projections, as the dot plot below shows. The bottom dot is once ...