Joyce Chang, chair of global research at JPMorgan, said the recent influx of immigration — and its economic benefits — had been “really…
The U.S. Federal Reserve on Wednesday raised its U.S. GDP growth projection to 2.1% for 2024, up from 1.4% in its December projections, as the economy continues to display resilience.
"The U.S. population is almost 6 million higher than it was two years ago or so, and so that has accounted for a lot of the increase in consumption, when you see the very low unemployment numbers as well." Immigration, and particularly border crossings, is among the hottest topics in the run-up to the November presidential election. Chang suggested that other events could exacerbate the issue, particularly"From everything that we have seen, the revenues that are generated exceed the expenses. Now it is a political issue, not just here in the U.S.
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