US Q1 2024 GDP Growth Slows to 2.2%, Reflecting Solid Economy Despite Higher Borrowing Rates
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#7e5717d6 ver:0.76

Despite higher borrowing rates, US Q1 2024 GDP growth slows to 2.2%, reflecting a solid economy driven by strong consumer spending. Retail sales exceed expectations, job gains remain steady, and the US outpaces other advanced economies. Some economists predict a stronger expansion of 2.7%. Rate cuts not expected until September. #USGDP #EconomicGrowth #ConsumerSpending #JobMarket #RateCuts...

#newstr #UsEconomy #Gdp #ConsumerSpending #InterestRates #Inflation #FederalReserve 

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