Dr. Vince Malanga, president of LaSalle Economics, notes the potential economic scenario where economic growth stabilizes between 1.5% and 2% while inflation remains persistently between 2.5% and 3%.
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year before.
Stocks today are slightly lower on mixed economic news and higher bond yields. Stocks have some carryover support from Wednesday when the US December consumer price report showed an unexpected ...
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year before. U.S. stock ...