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France 24

Business

Delano D’SOUZA

Is the US economy headed for a hard landing?

United States Joe Biden Abrdn Democratic Party Inflation Republican

PEOPLE & PROFIT © FRANCE 24

A strong performance by Joe Biden's Democratic Party defied predictions of a Republican "red wave" in the US midterm elections, despite consumers feeling the pinch of high inflation. Americans have seen wages and benefits increase, but the standard of living has not. Delano D'Souza asks Abigail Watt, US Research Economist at abrdn, what we can expect from the US president on the economic front going forward.

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