Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economy Slows to 1.6% Growth in Q1 2024 Amid Import Surge and Accelerating ...
US Economy Slows to 1.6% Growth in Q1 2024 Amid Import Surge and Accelerating Inflation
===============
#d85b6eb2 ver:0.6
The US economy slows to 1.6% growth in Q1 2024 due to import surge and accelerating inflation. Despite signs of strong demand, experts suggest the Federal Reserve won't consider interest rate cuts until September. Inflation and labor market remain stable, but lower-income households rely more on debt. Financial markets react with lower S&P 500 futures and rising bond yields. Some economists warn of stagflation. US economy still outpaces other advanced economies, but concerns about cooler economic momentum arise. The state of the US economy becomes a focal point in the election season. #USeconomy #GDP #inflation #FederalReserve...
#newstr #UsEconomy #ImportSurge #Inflation #FederalReserve #Gdp #ConsumerSpending #BusinessInvestment #HousingMarket #LaborMarket #TradeDeficit
https://here.news/story/d85b6eb2?ver=0.6
===============
#d85b6eb2 ver:0.6
The US economy slows to 1.6% growth in Q1 2024 due to import surge and accelerating inflation. Despite signs of strong demand, experts suggest the Federal Reserve won't consider interest rate cuts until September. Inflation and labor market remain stable, but lower-income households rely more on debt. Financial markets react with lower S&P 500 futures and rising bond yields. Some economists warn of stagflation. US economy still outpaces other advanced economies, but concerns about cooler economic momentum arise. The state of the US economy becomes a focal point in the election season. #USeconomy #GDP #inflation #FederalReserve...
#newstr #UsEconomy #ImportSurge #Inflation #FederalReserve #Gdp #ConsumerSpending #BusinessInvestment #HousingMarket #LaborMarket #TradeDeficit
https://here.news/story/d85b6eb2?ver=0.6