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US economic growth slows more than expected in first quarter
U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September. Gross domestic product increased at a 1.
US first quarter GDP slows more than expected, but inflation keeps rising
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
U.S. GDP Growth Slows Markedly, And Inflation Remains The Focus
US GDP growth slowed to 1.6% annualised in Q1 2024, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualised rate to 3.7%.
US inflation increases moderately; consumer spending boosts Q2 outlook
U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates elevated for a while.
U.S. inflation accelerated faster than expected in March
Matt Egan joins Lynda Kinkade to explain what the inflation figures mean for those hoping for an interest rate cut.
Fed's favorite inflation gauge rises faster than expected in March
The Federal Reserve's favorite measure of tracking inflation jumped 0.3% in March as American families continue to grapple with elevated consumer prices.
US inflation rises in line with expectations; consumer spending strong
U.S. monthly inflation rose moderately in March, but stubbornly higher housing and transportation costs suggested the Federal Reserve could keep interest rates elevated for a while. The report from the Commerce Department on Friday,
April Consumer Sentiment Declines More Than Expected as Inflation Expectations Rise
US consumer sentiment decreased on a monthly basis in April, while inflation expectations ticked up, according to the University of Michigan's Surveys of Consumers released Friday. The main sentiment gauge moved down to 77.
9d
on MSN
US economic growth slows to 1.6% in first quarter
The fall in the growth rate comes alongside declining consumer spending and exports.The US economy grew less than anticipated ...
gulftoday
4h
US job growth slows more than expected as labour market cools
US job growth slowed more than expected in April and the increase in annual wages fell below 4.0% for the first time in ...
9d
US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: 'The Worst Possible Outcome For The Fed'
US economy disappointed in growth, but inflation exceeded predictions, causing stagflation. Experts warn of negative impact ...
9d
on MSN
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
BBC
9d
US economic growth slows but inflation grows
The
US
economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut. Official figures revealed the economy expanded ...
manilatimes on MSN
3h
US hiring slows more than expected
US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed on Friday, ...
9d
US Economic Growth Slows Significantly In First Quarter
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and ...
5d
Investor Pulled $218M from Bitcoin ETFs as US Economic Growth Slows
After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.
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