Economic news

US economy is slowing, but still has momentum, former official says

2024.09.04 22:50

© Reuters. A drone view of new residential home construction at Fox Point Farms, a development by Shea Homes, is shown in Encinitas, California, U.S., June 18, 2024.   REUTERS/Mike Blake/File Photo

SHANGHAI (Reuters) – The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday.

The U.S. Federal Reserve is doing about the right thing, Rubin told the Bund Summit in Shanghai, adding that former President Donald Trump poses multiple risks to the economy.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 97,955.24 5.11%
ethereum
Ethereum (ETH) $ 3,423.40 7.80%
tether
Tether (USDT) $ 1.00 0.28%
xrp
XRP (XRP) $ 2.28 11.68%
bnb
BNB (BNB) $ 673.55 6.57%
solana
Solana (SOL) $ 191.80 6.19%
dogecoin
Dogecoin (DOGE) $ 0.334086 21.30%
usd-coin
USDC (USDC) $ 1.00 0.18%
cardano
Cardano (ADA) $ 0.947985 21.30%
staked-ether
Lido Staked Ether (STETH) $ 3,423.20 9.40%
tron
TRON (TRX) $ 0.25013 7.77%
avalanche-2
Avalanche (AVAX) $ 40.22 16.81%
chainlink
Chainlink (LINK) $ 23.56 14.62%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,086.93 9.83%
the-open-network
Toncoin (TON) $ 5.44 11.02%
sui
Sui (SUI) $ 4.72 30.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 19.84%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,630.16 5.23%
stellar
Stellar (XLM) $ 0.374659 15.68%
polkadot
Polkadot (DOT) $ 7.38 18.33%
hyperliquid
Hyperliquid (HYPE) $ 33.18 43.11%
hedera-hashgraph
Hedera (HBAR) $ 0.265889 10.29%
weth
WETH (WETH) $ 3,421.77 8.09%
bitcoin-cash
Bitcoin Cash (BCH) $ 465.33 16.92%
leo-token
LEO Token (LEO) $ 9.27 0.77%
uniswap
Uniswap (UNI) $ 13.74 20.03%
pepe
Pepe (PEPE) $ 0.000019 24.41%
litecoin
Litecoin (LTC) $ 103.08 14.87%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,610.17 8.91%
near
NEAR Protocol (NEAR) $ 5.31 13.28%
bitget-token
Bitget Token (BGB) $ 4.25 11.57%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
aptos
Aptos (APT) $ 10.50 3.01%
internet-computer
Internet Computer (ICP) $ 10.76 17.80%
usds
USDS (USDS) $ 1.00 0.44%
aave
Aave (AAVE) $ 318.20 14.32%
crypto-com-chain
Cronos (CRO) $ 0.166747 14.14%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.498998 16.92%
ethereum-classic
Ethereum Classic (ETC) $ 27.11 12.67%
mantle
Mantle (MNT) $ 1.21 16.45%
render-token
Render (RENDER) $ 7.57 20.71%
vechain
VeChain (VET) $ 0.047977 20.77%
mantra-dao
MANTRA (OM) $ 3.94 13.40%
bittensor
Bittensor (TAO) $ 483.44 17.76%
monero
Monero (XMR) $ 192.16 11.19%
whitebit
WhiteBIT Coin (WBT) $ 24.48 0.19%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 16.80%
ethena
Ethena (ENA) $ 1.16 30.33%
dai
Dai (DAI) $ 1.00 0.42%
arbitrum
Arbitrum (ARB) $ 0.795549 15.48%