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Submission: On April 11 via api from BE — Scanned from DE
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Accessibility statementSkip to main content Democracy Dies in Darkness SubscribeSign in Advertisement Close The Washington PostDemocracy Dies in Darkness Economy HIGH INTEREST RATES, RISING INFLATION: THE ECONOMY STILL ISN’T NORMAL THE IMPROBABLE PICTURE SEEMS TO GUARANTEE THAT THE FEDERAL RESERVE WON’T BE READY TO LOWER INTEREST RATES IN THE NEXT FEW MONTHS By Rachel Siegel April 11, 2024 at 6:00 a.m. EDT A FedEx employee sorts out parcels on a Manhattan sidewalk on Wednesday. (Charly Triballeau/AFP/Getty Images) Listen 6 min Share Comment on this storyComment Add to your saved stories Save The economy still isn’t behaving the way anyone expected. The job market is growing at a blockbuster pace, even though high interest rates usually slow hiring or cause layoffs. Consumers are spending on essentials and extravagances alike, suggesting people don’t fear trouble ahead. The stock market is up, and worries of a recession have largely faded. Share 1299 Comments Loading... Recommended for you Recommended by Subscribe to comment and get the full experience. Choose your plan → Advertisement Advertisement TOP STORIES Personal finance The basics for making smart money decisions Advice|Even if you owe taxes and can’t pay, file a tax return. Or you’ll owe more. Advice|A ghostbuster, toys, and other weird tax deductions people try to claim Advice|Tax time is prime time for scammers and scheming tax preparers back Try a different topic Sign in or create a free account to save your preferences Advertisement Advertisement Company About The Post Newsroom Policies & Standards Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement Sitemap Get The Post Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Print Archives (Subscribers Only) Today’s Paper Public Notices Coupons Contact Us Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Terms of Use Digital Products Terms of Sale Print Products Terms of Sale Terms of Service Privacy Policy Cookie Settings Submissions & Discussion Policy RSS Terms of Service Ad Choices washingtonpost.com © 1996-2024 The Washington Post * washingtonpost.com * © 1996-2024 The Washington Post * About The Post * Contact the Newsroom * Contact Customer Care * Request a Correction * Send a News Tip * Report a Vulnerability * Download the Washington Post App * Policies & Standards * Terms of Service * Privacy Policy * Cookie Settings * Print Products Terms of Sale * Digital Products Terms of Sale * Submissions & Discussion Policy * RSS Terms of Service * Ad Choices * Coupons 5.15.3 Already have an account? Sign in -------------------------------------------------------------------------------- TWO WAYS TO READ THIS ARTICLE: Create an account or sign in Free * Access this article Enter email address By selecting "Start reading," you agree to The Washington Post's Terms of Service and Privacy Policy. The Washington Post may use my email address to provide me occasional special offers via email and through other platforms. I can opt out at any time. Start reading Subscribe €2every 4 weeks * Unlimited access to all articles * Save stories to read later Subscribe WE CARE ABOUT YOUR PRIVACY We and our 44 partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signaled to our partners and will not affect browsing data. If you click “I accept,” in addition to processing data using cookies and similar technologies for the purposes to the right, you also agree we may process the profile information you provide and your interactions with our surveys and other interactive content for personalized advertising. If you do not accept, we will process cookies and associated data for strictly necessary purposes and process non-cookie data as set forth in our Privacy Policy (consistent with law and, if applicable, other choices you have made). WE AND OUR PARTNERS PROCESS COOKIE DATA TO PROVIDE: Actively scan device characteristics for identification. Create profiles for personalised advertising. Use profiles to select personalised advertising. Create profiles to personalise content. Use profiles to select personalised content. Measure advertising performance. Measure content performance. Understand audiences through statistics or combinations of data from different sources. Develop and improve services. Store and/or access information on a device. Use limited data to select content. Use limited data to select advertising. List of Partners (vendors) I Accept Reject All Show Purposes