US Economy on the Eve of the Final FOMC Meeting of 2024

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In the final days of 2024, US economic and financial indicators are "racing" to send mixed signals to the Fed right before the final FOMC meeting of the year.

US Treasury bond yields continue to rise, reflecting concerns as well as expectations of the bond market regarding the Fed's policy moves and the economic situation...

At the same time, US economic data shows clear divergence: the labor market appears resilient on the surface but corporate data is the opposite, core inflation pressure has not disappeared at all, while many latent risks for consumption in 2025.

Next week, the Fed will have to make the next policy decision. This is also the time when every strategic move needs to be carefully calculated, as small changes in policy can create a domino effect globally.

To prepare readers with the most general overview of the US economy ahead of the December FOMC, Viet Hustler wraps up the past week with two highlights:
1- Last week's bond yield situation reflects the mindset of the bond market.
2- Current overview of the US economy: also the factors the Fed will need to consider in economic projections and policy.

Disclaimer: Some views below are only the personal perspective of the author - and not investment advice or views of the organizations the author works for.