In this edition of NC Economy Watch, we review some of 2023’s key economic trends and speculate on how these trends might evolve in the year to come. Slower economic growth and lower price inflation have led to widespread expectation that interest rates will finally start to ease in 2024. We’ll be watching for signs of how far interest rates might fall and whether our economy will experience a soft landing, a hard landing, or no landing at all in the months ahead.