There are six indicators that are used to judge the performance of an economy:
- GDP Growth Rate
- Unemployment Rate
- Inflation Rate
- Interest Rate
- Balance of Trade
- Government Debt to GDP
Balance of Trade and Government Debt to GDP are the only two that have worsened over the previous twelve months.
The Federal Reserve are monitoring the labour market and inflation to decide on further rate hikes. Fed fund futures have over 70 percent probability that a hike is happening, however this has dipped from over 75 percent.