✉news BusinessEconomy first seen 15 h ago, last 4 h ago, peak #1

Soaring Borrowing Costs Fail to Slow Robust US Economy

Original: Borrowing Costs Are Soaring. They’re Not Slowing a Robust U.S. Economy.

The Wall Street Journal reports that despite sharply higher borrowing costs, the United States economy remains robust and shows no signs of slowing. The analysis highlights the resilience of US growth in the face of elevated interest rates, a contrast with expectations that tighter financial conditions would weigh on spending and investment.

Why now: Higher interest rates were widely expected to cool the economy, so their apparent lack of impact is surprising and politically and financially significant.

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• Borrowing Costs Are Soaring. They’re Not Slowing a Robust U.S. Economy. · WSJ

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