Chipotle CEO Expresses Doubts About the Effectiveness of a Coronavirus Liability Waiver
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#7e5717d6 ver:1.57
The US economy grew at its slowest pace in nearly two years in Q1 2024, with GDP increasing at a 1.6% annualized rate. Slower growth was attributed to moderation in consumer spending, wider trade deficit, slower inventory accumulation, and downshift in government spending. Despite slower growth, the economy is still expanding above the non-inflationary growth rate. Concerns of stagflation arise due to slower growth and increased inflation. Treasury Secretary Janet Yellen insists the economy is performing well, with job gains and consumer spending supporting it. Chipotle CEO doubts the effectiveness of a coronavirus liability waiver. #USGDP #economicgrowth #inflation #consumer spending #liabilitywaiver...
#newstr #UsEconomy #GdpGrowth #Inflation #FederalReserve #ConsumerSpending #JoeBiden #Chipotle #CoronavirusLiabilityWaiver
https://here.news/story/7e5717d6?ver=1.57
US Economy Grows at Slowest Pace in Nearly Two Years in Q1 2024 as Inflation Rises, Biden Acknowledges More Work Needed
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#7e5717d6 ver:1.55
The US economy grew at its slowest pace in nearly two years in Q1 2024, with GDP increasing at a 1.6% annualized rate, lower than expected. Inflation also rose, with prices jumping 3.7%. Despite slower growth, the economy is still expanding above the non-inflationary growth rate. Concerns of stagflation arise as trade and exports weigh down GDP growth. Treasury Secretary Janet Yellen remains optimistic, citing job gains and strong consumer spending. President Biden acknowledges the need for more work in the economy. The combination of weaker growth and higher inflation is problematic for the economy and markets. #US #economy #GDP #inflation #stagflation #Biden #Yellen...
#newstr #UsEconomy #Inflation #Growth #Biden #FederalReserve
https://here.news/story/7e5717d6?ver=1.55
US Economy Grows at Slowest Pace in Nearly Two Years in Q1 2024 as Inflation Rises, Biden Acknowledges More Work Needed
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#7e5717d6 ver:1.52
The US economy grew at its slowest pace in nearly two years in Q1 2024, with GDP increasing at a 1.6% rate, lower than expected. Inflation also rose, with prices jumping 3.7%. The combination of slower growth and increased inflation has raised concerns of stagflation. Despite challenges, Treasury Secretary Janet Yellen insists the economy is performing well. President Biden acknowledges the need for more work in the economy. The Federal Reserve is concerned about rising inflation as it considers whether to cut interest rates. The Q1 GDP slowdown led to a selloff on Wall Street and a climb in bond yields. #US #economy #GDP #inflation #stagflation #FederalReserve #Biden #JanetYellen...
#newstr #UsEconomy #Q1GdpReport #JoeBiden #Inflation #FederalReserve
https://here.news/story/7e5717d6?ver=1.52
US Economic Growth Slows as Inflation Rates Rise in Q1 2024
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#7e5717d6 ver:1.47
US economic growth slows to 1.6% in Q1 2024, below forecasted 2.5%, while inflation rises by 3.4%. Consumer spending moderates, but job gains and consumer spending are expected to support the economy. Inflation concerns impact Wall Street, with stock market decline. Critics blame President Biden for high inflation, impacting re-election campaign. Economists remain optimistic for a rebound in GDP growth next quarter. #Economy #Inflation #GDP #StockMarket #Biden...
#newstr #UsEconomy #GdpGrowth #Inflation #ConsumerSpending #FederalReserve #JoeBiden #2024PresidentialElection
https://here.news/story/7e5717d6?ver=1.47
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
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
US Q1 2024 GDP Growth Slows Below 2%, Inflation Remains a Concern
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#7e5717d6 ver:1.34
US Q1 2024 GDP growth slows to 1.6%, below expectations, as inflation remains a concern. Personal spending and government spending cooled, while inflation rose. The high inflation rate is impacting Wall Street and could impact President Biden's re-election campaign. Despite the slowdown, the economy is still expanding above the ideal rate. The IMF upgraded its growth forecast. Inflation is causing uncertainty about Federal Reserve rate cuts. The economy remains on a solid path, but interest rates are not fully taming inflation. The slowdown could have implications for Biden's campaign....
#newstr #UsEconomy #GdpGrowth #Inflation #FederalReserve #StockMarket #JobGains #2024PresidentialElection
https://here.news/story/7e5717d6?ver=1.34
US Economic Growth Slows in Q1 2024, Inflation Remains a Concern
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#7e5717d6 ver:1.21
US economic growth slows in Q1 2024, with GDP rising only 1.6% YoY, missing expectations. Inflation remains a concern, with the PCE price index increasing by 3.7%. Despite the slowdown, consumer spending and investments support the economy. The high inflation rate poses challenges for President Biden's re-election campaign. The Fed faces a dilemma as growth slows and inflation rebounds, causing market uncertainty. The economy remains on a solid path, but interest rates are not fully taming inflation. The slowdown may impact businesses, international trade, and equipment spending. The IMF warns that inflation is taking longer than expected to reach the Fed's target. Rate cuts are expected later this year due to persistent inflation. #Economy #Inflation #Growth #Fed #Biden #MarketUncertainty...
#newstr #UsEconomy #EconomicGrowth #FirstQuarter #ConsumerSpending #Exports #GovernmentSpending #PresidentBiden #Inflation #InterestRates
https://here.news/story/7e5717d6?ver=1.21
US Economy Grows at Slower Rate of 1.6% in Q1 2024, Reflecting High Interest Rates
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#7e5717d6 ver:0.98
The US economy grew at a slower rate of 1.6% in Q1 2024, reflecting high interest rates. Inflation is rising, with prices increasing at 3.5% YoY in March. The Federal Reserve has raised its federal funds rate to 5.25% to cool the economy. Despite slower growth, the economy remains resilient, supported by a flexible job market and stimulus package. The US Federal Reserve is expected to start cutting interest rates in September. The IMF expects a 2.7% expansion for the US economy this year. The GDP data caused negative market reactions, with benchmark indexes tumbling. #US #economy #GDP #inflation #interestrates...
#newstr #UsEconomy #GdpGrowth #InterestRates #ConsumerSpending #Inflation #FederalReserve
https://here.news/story/7e5717d6?ver=0.98
US Economy Grows at Slower Rate of 1.6% in Q1 2024, Weaker Than Expected
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#7e5717d6 ver:0.85
The US economy grew at a slower rate of 1.6% in Q1 2024, weaker than expected. Slower growth is attributed to decelerations in consumer spending, exports, and government spending. Despite the slowdown, the US economy remains resilient, supported by a strong labor market and consumer spending. However, rising inflation and high interest rates raise concerns. Wealthier consumers drive spending, while lower-income households show signs of strain. Businesses are cautious, investing less. If consumer spending weakens, the broader economy could be vulnerable. #USEconomy #GDP #Inflation #InterestRates...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #LaborMarket #InterestRates #FederalReserve
https://here.news/story/7e5717d6?ver=0.85
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
https://here.news/story/7e5717d6?ver=0.76
US Q1 2024 GDP Growth Slows to 2.5%, Reflecting Strong Consumer Spending and Resilient Labor Market
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#7e5717d6 ver:0.75
US Q1 2024 GDP growth slows to 2.5% due to higher borrowing rates, but consumer spending remains strong. Job gains and resilient labor market contribute to the economy. Despite the slowdown, the US outpaces other advanced economies. Some hope for interest rate cuts. #USGDP #ConsumerSpending #LaborMarket #EconomicGrowth...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #LaborMarket #InterestRates #FederalReserve
https://here.news/story/7e5717d6?ver=0.75
US Q1 2024 GDP Growth Slows but Inflation Accelerates
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#7e5717d6 ver:0.7
US Q1 2024 GDP growth slows to 2.4% but inflation accelerates to 3.4%. Consumer spending drives growth, but concerns about inflation delay rate cuts. IMF upgrades US growth forecast to 2.7%. Corporate spending declines, trade impacts GDP, but housing market supports economy. #USGDP #inflation #economy #IMF...
#newstr #UsEconomy #EconomicGrowth #Inflation #FederalReserve #InterestRates
https://here.news/story/7e5717d6?ver=0.7
US Q1 2024 GDP Growth Slows but Economy Remains Solid
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#7e5717d6 ver:0.67
US Q1 2024 GDP growth slows to 2.4% but remains solid, driven by consumer spending and job gains. Inflation expected to accelerate. Fed may delay rate cuts. US economy outperforms peers, but faces challenges in manufacturing and non-residential construction. Strong economy raises risk of higher interest rates. GDP report to be released Thursday. #USGDP #EconomicGrowth #Inflation #FederalReserve...
#newstr #UsEconomy #EconomicGrowth #Inflation #FederalReserve #InterestRates #LaborMarket #Gdp #JobGains #UnemploymentBenefits #PricePressures
https://here.news/story/7e5717d6?ver=0.67
US Q1 2024 GDP Growth Expectations and Market Impact
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#7e5717d6 ver:0.65
US Q1 2024 GDP growth expected to be softer, ranging from 1.0% to 3.1%. Strong consumer spending and residential investment driving growth, but manufacturing production and non-residential construction declining. Fed concerned about inflation, rate cuts dialed back. Debate on whether economy will stabilize or decelerate further. Q1 GDP growth estimated at 2.2%. Hot economy may discourage Fed from cutting interest rates. US economy surpassing expectations, suggesting Fed policy may not be as restrictive. Q1 growth predicted at 2%. Stellar performance could keep interest rates higher for longer. US economy grew in Q1, supported by strong hiring and waning inflation. AB increases 2024 GDP growth forecast to 1.5%. Inflation expected to cool slowly, delaying rate cuts. Wage growth slowed despite robust hiring. Fed likely to delay rate cuts....
#newstr #UsEconomy #GdpGrowth #FederalReserve #Inflation #MarketImpact
https://here.news/story/7e5717d6?ver=0.65
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