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Booming American Economy

Despite that, inflation slowed to 2.6% on the Federal Reserve’s preferred measure, not far off its 2% target. Investors are now betting that by the end of the year the Fed will lower its benchmark interest rate from its current range of between 5.25% and 5.5% to below 4%, putting a rocket booster under America’s economy. America’s stockmarket is on a tear. Over the past three months the s&p 500 index of large companies has soared by nearly 15%, reaching a record high . Recent economic data support investors’ optimism. DO you think that Wars do favor American economy because of the dollar ?

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