Economists Weigh In on Inflation and Retail Sales, Discuss Soft Landing Possibility
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#4aa3e0f1 ver:0.47

Despite a slowdown in GDP growth and retail sales, the US economy remains resilient. Consumer spending is strong, supported by a solid job market and rising wages. Inflation is a concern, reaching 3.4% in Q1, but the Federal Reserve is likely to delay rate cuts. The National Retail Federation expects the economy to remain steady throughout the year. However, economists warn of potential headwinds and a hard landing in 2025 due to high debt levels and deteriorating labor market conditions. #USeconomy #resilience #inflation #retailsales...

#newstr #UsEconomy #GdpGrowth #GovernmentSpending #HouseholdSpending #Inflation #InterestRates #ConsumerSpending #LaborMarket #Debt #HardLanding 

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