Intellizence Blog Intellizence Macroeconomic Indicators & Trends Report – November 2024

Key macroeconomic indicators highlighted the evolving trends in economic growth, labor market conditions, inflationary pressures, and consumer confidence.  The Intellizence AI platform for company and market intelligence monitors hundreds of growth and risk signals in thousands of companies daily. Here is the executive summary of the U.S. macroeconomic indicators and trending topics for November 2024 US Macroeconomic Indicators  Fed Slashes Interest Rates by a Half-Point At its November 2024 meeting, the Federal Reserve Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%. Fed officials have justified the easing mode for policy as they view supporting employment as a priority in arresting inflation. President-elect Donald Trump’s proposed policies, from import tariffs to tax cuts, are expected to be inflationary. Fed Chair Jerome Powell has spoken of “recalibrating” policy. “This further recalibration of our policy stance will help maintain the strength of the economy and the labor market and will continue to enable further progress on inflation as we move towards a more neutral stance,” Powell said at his post-meeting news conference.   The US Economy Added 227,000 Jobs in November 2024 The U.S. Bureau of Labor Statistics reported that […] The post Intellizence Macroeconomic Indicators & Trends Report – November 2024 first appeared on Intellizence.