

The Intelligence: Growing, no pains
Jan 11, 2024
Simon Rabinovich discusses the American economy's unexpected growth amid falling inflation and what this means for the future. Oliver Morton dives into the recent challenges of the Peregrine One moon lander, highlighting the good news from the launch. Moeka Iida explores the modernization of geisha culture in Japan, revealing how they adapt to attract younger audiences while countering common misconceptions. Together, they shed light on the delicate interplay of tradition and innovation in today's world.
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Economic Puzzle
- America's economy has defied expectations, growing even as inflation falls.
- The Federal Reserve may be nearing the end of interest rate hikes, but caution remains.
Growth Surprise
- Economists predicted a recession, but America's economy grew by 2.5% in 2023.
- This growth defied expectations and even accelerated throughout the year.
Growth Drivers
- Several factors contributed to America's economic growth, including government subsidies and a resilient property sector.
- Consumer spending has also been a major driver of this growth.