US Industrial Production Stagnates as Factory Output Declines on Nostr: US Economy Slows in Q1 Amid Inflation Woes, Federal Reserve Considers Rate Cuts ...
US Economy Slows in Q1 Amid Inflation Woes, Federal Reserve Considers Rate Cuts
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#2bef6d19 ver:0.18
The US economy experienced a slow start in Q1, with housing construction, manufacturing, and retail sales all showing signs of weakness. Factory output remained unchanged in April, disappointing analysts. Despite the slowdown, the Federal Reserve is not expected to cut interest rates yet. The Q1 GDP growth rate was revised down to 1.3%, indicating a slower economic growth than previously thought. However, there are still hopes for a rebound in the coming quarters. #USEconomy #Slowdown #GDP #Manufacturing #InterestRates...
#newstr #UsEconomy #Q12024 #Inflation #FederalReserve #InterestRateCuts
https://here.news/story/2bef6d19?ver=0.18
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#2bef6d19 ver:0.18
The US economy experienced a slow start in Q1, with housing construction, manufacturing, and retail sales all showing signs of weakness. Factory output remained unchanged in April, disappointing analysts. Despite the slowdown, the Federal Reserve is not expected to cut interest rates yet. The Q1 GDP growth rate was revised down to 1.3%, indicating a slower economic growth than previously thought. However, there are still hopes for a rebound in the coming quarters. #USEconomy #Slowdown #GDP #Manufacturing #InterestRates...
#newstr #UsEconomy #Q12024 #Inflation #FederalReserve #InterestRateCuts
https://here.news/story/2bef6d19?ver=0.18