✉news BusinessEconomy first seen 9 h ago, last 1 h ago, peak #1
Soaring Borrowing Costs Are Not Slowing the U.S. Economy
Original: Borrowing Costs Are Soaring. They’re Not Slowing a Robust U.S. Economy.
The Wall Street Journal reports that borrowing costs in the United States have surged, yet the economy continues to show robust growth. Despite higher interest rates raising costs for businesses and consumers, economic activity has remained resilient, defying expectations that tighter financial conditions would significantly slow growth.
Why now: Elevated interest rates are a top concern for markets and households, so analysis showing the economy staying strong despite them is drawing wide attention
United StatesWall Street Journal
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