Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Chicago Fed: U.S. Economy Generally Weak Ahead of Election

Chicago Fed: U.S. Economy Generally Weak Ahead of Election

Bitget2024/10/24 12:51

Oct. 24 - U.S. economic growth eased slightly last month, according to a monthly index released Thursday. Americans are watching who will be the next president. The Chicago Fed's National Activity Index fell to -0.28 in September from -0.01 in August, the Fed said.A reading above zero indicates that economic growth is averaging positive. Meanwhile, the index's three-month moving average fell to -0.19 from -0.14, further signaling a generally weak trend in economic activity ahead of the uncertain presidential election in early November. Historically, the diffusion index of the Chicago Fed's National Activity Index has generally been above -0.35 during periods of economic expansion, while the figure has now risen to -0.16 from -0.21 in August.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!