LIVE: President Biden touts “Investing in America“ agenda in Michigan
US President Joe Biden travels to Michigan to discuss his “Investing in America“ policies.
As the United States heads into one of the most consequential presidential elections in decades, there are questions everywhere and views split starkly down the middle. Should America opt for Kamala Harris, the Democrat and vice-president seen by some as maintaining the status quo? Or will it turn back to Donald Trump, the combative, controversial Republican former president? And as it is with politics, so it is with economics.
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There remains an enduring uncertainty about the true state of the world’s largest economy. Is the US on the brink of a recession? Or is it enjoying a benign “soft landing” after two years of raging inflation? Like the race for the White House, the question divides financial markets and economists down the middle.
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