US Economy Grows at Slower Pace of 1.6% in Q1 2024, Core Inflation Overshoots Expectations
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#7e5717d6 ver:1.43

The US economy grew at a slower pace of 1.6% in Q1 2024, missing expectations, while core inflation exceeded forecasts. Despite slower growth, the economy is still expanding above the ideal rate. Inflation remains a concern, causing stock market declines. The combination of slower growth and increased inflation raises concerns of stagflation. Economists remain optimistic about a rebound in GDP growth next quarter. #US #economy #inflation #GDP #growth...

#newstr #UsEconomy #GdpGrowth #Inflation #FederalReserve 

 https://here.news/story/7e5717d6?ver=1.43