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Economic Perspective | January 2024 Chartbook

The U.S. economy grew faster than expected in the fourth quarter, amid strong consumer spending, with growth for the full year coming in at 2.5%. The Commerce Department’s advance fourth-quarter gross domestic product report also showed inflation pressures subsiding further. The strong economic performance, which appears to have spilled over into the new year, suggested that March would be too soon for the U.S. central bank to start cutting interest rates. Rate cuts this year, however, remain in the cards as inflation cools.

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Are Your Savings Ready for Retirement?

For decades, you’ve been asking yourself, “How much do I have saved?” But once retirement begins, the key question becomes, “How do I turn those savings into reliable income that lasts?” This free masterclass explains how that transition works.