ReferIndia News Charting the global economy: US consumers keep fuelling growth

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Charting the global economy: US consumers keep fuelling growth

Published on: Sept. 28, 2025, 10:53 a.m. | Source: The Economic Times

US consumer spending continues to drive robust economic growth, defying inflation and high interest rates. Elsewhere, the euro area's business activity expanded, despite France's fiscal struggles, while China's job market deteriorates. Several central banks, including Sweden and Mexico, are cutting interest rates amidst these varied global economic conditions.

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