Economic Enigma: Why Rising Rates Haven't Sunk the US Economy Despite historically high interest rates set by the Federal Reserve, the anticipated US recession has surprisingly failed to materialize. This anomaly has left economists scratching their heads, especially given the typical downturns following past rate hikes aimed at curbing inflation. The resilience of the US economy is attributed to several factors: homeowners benefiting from exceptionally low mortgage rates during the pandemic, robust household finances, and a job market that remains strong despite aggressive monetary tightening. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Dollar Nears Monthly Peak Amid Rising US Yields and Anticipation of Rate Cuts READ MORE Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE The Great American Housing Squeeze: Construction Costs Out of Reach for Most READ MORE Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment