US Economy Grows at Slower Pace of 1.6% in Q1 2024, Core Inflation Overshoots Expectations
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#7e5717d6 ver:1.42

The US economy grew at a slower pace of 1.6% in Q1 2024, missing expectations. Inflation also exceeded expectations, causing concern. Despite slower growth, the economy is still expanding above the ideal rate. Job gains and consumer spending remain strong. Inflation is a campaign issue for President Biden. The combination of slower growth and increased inflation has raised concerns of stagflation. #USEconomy #Inflation #GDP #JobGains #Stagflation...

#newstr #UsEconomy #GdpGrowth #Inflation #FederalReserve #JobGains #2024PresidentialElection 

 https://here.news/story/7e5717d6?ver=1.42