Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economic Growth Slows in Q1 2024, Raising Concerns of Stagflation =============== ...
US Economic Growth Slows in Q1 2024, Raising Concerns of Stagflation
===============
#d85b6eb2 ver:0.67
US economic growth slows to 1.6% in Q1 2024, falling short of expectations. Factors include lower consumer spending, reduced exports, and declines in government spending. Inflation surges at 3.7%, raising concerns of stagflation. Despite this, the US economy still outperforms other developed nations. Labor market remains stable, but lower-income households rely more on debt. Housing market shows signs of peaking. Uncertainty about future trajectory of inflation and interest rates. US economy remains strong, but outlook is uncertain. #EconomicGrowth #Stagflation #Inflation #LaborMarket #HousingMarket...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #LaborMarket #HousingMarket
https://here.news/story/d85b6eb2?ver=0.67
===============
#d85b6eb2 ver:0.67
US economic growth slows to 1.6% in Q1 2024, falling short of expectations. Factors include lower consumer spending, reduced exports, and declines in government spending. Inflation surges at 3.7%, raising concerns of stagflation. Despite this, the US economy still outperforms other developed nations. Labor market remains stable, but lower-income households rely more on debt. Housing market shows signs of peaking. Uncertainty about future trajectory of inflation and interest rates. US economy remains strong, but outlook is uncertain. #EconomicGrowth #Stagflation #Inflation #LaborMarket #HousingMarket...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #LaborMarket #HousingMarket
https://here.news/story/d85b6eb2?ver=0.67