Low demand for commercial office space fuels economic fears. Leading Economic Index no longer signals U.S. recession. GBP/USD climbs amid optimistic BoE's UK economic outlook. Germany's economic advisers to cut 2024 growth forecast. Stay informed about the latest developments in the commercial real estate market, U.S. economic outlook, currency exchange rates, and Germany's economic forecast with Simply Economics.
Sources:
https://www.pbs.org/newshour/show/low-demand-for-commercial-office-space-fuels-economic-fears
https://www.cuinsight.com/leading-economic-index-no-longer-signals-u-s-recession-conference-board/
https://www.fxstreet.com/news/gbp-usd-climbs-amid-optimistic-boes-uk-economic-outlook-202402201728
https://www.marketscreener.com/news/latest/Germany-s-economic-advisers-to-cut-2024-growth-forecast-45993968/
Outline:
(00:00:00) Introduction
(00:00:43) Low demand for commercial office space fuels economic fears
(00:03:40) Leading Economic Index no longer signals U.S. recession - Conference Board
(00:05:19) GBP/USD climbs amid optimistic BoE’s UK economic outlook
(00:07:57) Germany's economic advisers to cut 2024 growth forecast
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