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Ian Explains: Is the US economy good or bad?
Is the US economy good or bad? | Ian Bremmer explains | GZERO World

Ian Explains: Is the US economy good or bad?

What’s going on with the US economy? On Ian Explains, Ian Bremmer breaks down the confusing state of America’s financial health.

Trying to make sense of economic indicators right now can be an exercise in illogic: unemployment is down, but inflation is still stubbornly sticky. Interest rates are higher than they’ve been in two decades, but stock indexes are closing at record highs. Adding to confusion, the upcoming US presidential election means that the economy is front and center, but Democrats and Republicans have a partisan interest in making things seem worse or better than they actually are. So what’s really going on?

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The Federal Reserve building is pictured in Washington, U.S.

REUTERS/Leah Millis/File Photo

SVB collapse & interest rates: What’ll the Fed do?

US markets rebounded Tuesday, temporarily calming fears that the collapse of Silicon Valley Bank might trigger a domino effect that makes both investors and ordinary Americans lose confidence in the banking system. But the uncertainty ain’t over yet.

With the stakes so high, who you gonna call? No, not those guys. We mean the Federal Reserve.

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U.S. President Joe Biden delivers remarks after the collapse of Silicon Valley Bank (SVB) and Signature Bank in Washington, D.C., March 13, 2023.

REUTERS/Evelyn Hockstein

SVB collapse: Don’t say the B-word

US President Joe Biden on Monday addressed the nation to assure Americans that, whatever the fallout from the collapse of Silicon Valley Bank, their deposits and the entire banking industry are both "safe."

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