A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates.
Two side-by-side properties on One Calais Avenue have been purchased for the sum of $1.31 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.
The Federal Reserve's preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year.