Economists predict above-trend economic growth in 2025: Wolters Kluwer; Inflation edges up, highlighting Fed’s bumpy path to stable prices; Jack in the Box brings back ex-CFO for second stint; Earned wage access: A CFO primer
The appointment is “consistent with Musk’s emphasis on loyalty,” a trait he sometimes values over “conventionally ‘safe’ hires,” Cowen Partners’ Shawn Cole said.
Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.
Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.
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