Tag: recession 2024
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Federal Reserve Announces Rate Cut: Analyzing the Impact on the Economy in the Coming Months
The Federal Reserve has announced a rate cut, marking a pivotal moment in the current economic climate. The video from The Wall Street Journal delves into the implications of this decision and why the upcoming months are critical for the economy. It provides an analysis of the factors leading to the rate cut and discusses…
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Record Number of Baby Boomers Retiring in 2024 Poses Threat to Social Security Stability
As the baby boomer generation reaches traditional retirement age, a record number of retirees are expected by 2024, posing a significant challenge to the U.S. Social Security system. With fewer workers entering the workforce and an increasing number of retirees, the Social Security trust funds are projected to be depleted by 2034, leading to a…