U.S. Presidential Approval Rating vs. Unemployment Rate

U.S. Presidential Approval Rating vs. Unemployment Rate Despite the robust labor market and economic growth, President Biden’s approval rating has declined due to public unease over high inflation. Image: BofA Global Investment Strategy

U.S. Unemployment Rate Forecast

U.S. Unemployment Rate Forecast According to Deutsche Bank, a mild recession in the United States may result in a modestly higher unemployment rate than what is anticipated by both consensus and the Federal Reserve. Image: Deutsche Bank

U.S. Core CPI vs. Unemployment Rate When Fed First Cut Rates

U.S. Core CPI vs. Unemployment Rate When Fed First Cut Rates It is rare for the Fed to cut rates when core CPI exceeds the unemployment rate, signaling the central bank’s concern about potential inflationary pressures and its emphasis on maintaining price stability. Image: BofA Global Investment Strategy

U.S. Unemployment Rate

U.S. Unemployment Rate Deutsche Bank anticipates a substantial increase in the U.S. unemployment rate, projecting it to climb from its current level of 3.7% to 4.6% by the middle of 2024. Image: Deutsche Bank