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Ben Casselman: Uncertainty surrounds economic outlook ahead of JOLTS data

Ben Casselman: Uncertainty surrounds economic outlook ahead of JOLTS data
Uncertain economic outlook before JOLTS release

Ben Casselman stated that it is difficult to make any confident forecasts about the economic outlook until the release of upcoming data. The comment referenced JOLTS, suggesting that the results will be critical in shaping economic expectations.

Casselman recently reported that U.S. inflation rose 3.7 percent over the past year, with core prices increasing at a 3.4 percent annual rate, according to his analysis of September data. He has also noted that uncertainty about artificial intelligence makes it challenging to assess its economic effects in his coverage of A.I.’s impact. These factors contribute to the current caution around economic forecasting.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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