Powell Says 'u.s. Economy Has Continued To Perform Well Overall'

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BING NEWS:
  • US first quarter GDP slows more than expected, but inflation keeps rising
    Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
    04/25/2024 - 8:07 am | View Link
  • The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’
    David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major setback for the economy and the Fed.
    04/25/2024 - 6:38 am | View Link
  • WRAPUP 4-US economy slows in first quarter; inflation flares up
    The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid some moderation in consumer spending and a wider trade deficit, but an acceleration in inflation reinforced ...
    04/25/2024 - 5:41 am | View Link
  • U.S. Economic Growth Slows to 1.6%, Inflation Stays Firm
    Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.
    04/25/2024 - 3:34 am | View Link
  • U.S. economic growth likely continued into 2024
    New data out this morning is expected to show GDP grew at an annualized rate of 2.7 percent in the first three months of the year, as Americans kept spending.
    04/24/2024 - 11:00 pm | View Link
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