NRF: Labor market and interest rates will play major roles in 2024
After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend largely on the labor market and what the Federal Reserve does with interest rates, according to National Retail Federation Chief Economist Jack Kleinhenz. “Federal Reserve officials have tough policy choices ahead as they decide on what to do and when,” Kleinhenz said. “There is still...
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