US Economy Faces Challenges in Search for Soft Landing =============== #4aa3e0f1 ver:0.46 Despite a slowdown in GDP growth, the US economy remains resilient with strong consumer spending and a solid job market. Inflation is a concern, leading the Federal Reserve to delay interest rate cuts. Retail sales and personal spending are still increasing, indicating a steady economy. However, experts warn of potential challenges ahead, such as high debt levels and signs of trouble in credit card delinquencies and highly-leveraged firms. Caution is advised for 2025 due to deteriorating labor-market conditions. #USEconomy #GDP #ConsumerSpending #Inflation #FederalReserve... #newstr #UsEconomy #GdpGrowth #GovernmentSpending #HouseholdSpending #Inflation #InterestRates #ConsumerSpending #LaborMarket #Debt #HardLanding https://here.news/story/4aa3e0f1?ver=0.46