✉news BusinessEconomy first seen 16 h ago, last 1 h ago, peak #6
Resilient consumer spending is boosting our economy, says Ed Yardeni
Veteran Wall Street strategist Ed Yardeni says resilient consumer spending is boosting the US economy. His remarks, carried on CNBC, frame household demand as a key driver keeping growth on track despite concerns about higher interest rates and inflation. Yardeni, known for his bullish market calls, argues consumers continue to spend steadily, underpinning economic expansion and corporate earnings.
Why now: Investors and commentators are weighing the economy's strength as markets debate recession risks and interest rate policy.
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