Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economy Slows in Q1 2024 as Inflation Flares Up, Posing Challenges for the Federal ...
US Economy Slows in Q1 2024 as Inflation Flares Up, Posing Challenges for the Federal Reserve
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#d85b6eb2 ver:0.53
The US economy experienced a slowdown in Q1 2024, with GDP growing at just 1.6% compared to the expected 2.4%. Inflation also increased, posing challenges for the Federal Reserve. The conflicting data on growth and inflation raises concerns about stagflation. Despite positive unemployment data, the Fed may delay rate cuts. The disappointing economic indicators have led to concerns about Biden's economic policies. Government spending continues to drive GDP, but investment and consumption are weakening. The economy is not as robust as claimed. #US #economy #GDP #inflation #FederalReserve #stagflation #Biden #economicpolicies...
#newstr #UsEconomy #Gdp #Inflation #FederalReserve #InterestRates #StockMarket #Unemployment #PrivateSectorRecession
https://here.news/story/d85b6eb2?ver=0.53
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#d85b6eb2 ver:0.53
The US economy experienced a slowdown in Q1 2024, with GDP growing at just 1.6% compared to the expected 2.4%. Inflation also increased, posing challenges for the Federal Reserve. The conflicting data on growth and inflation raises concerns about stagflation. Despite positive unemployment data, the Fed may delay rate cuts. The disappointing economic indicators have led to concerns about Biden's economic policies. Government spending continues to drive GDP, but investment and consumption are weakening. The economy is not as robust as claimed. #US #economy #GDP #inflation #FederalReserve #stagflation #Biden #economicpolicies...
#newstr #UsEconomy #Gdp #Inflation #FederalReserve #InterestRates #StockMarket #Unemployment #PrivateSectorRecession
https://here.news/story/d85b6eb2?ver=0.53