The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut. Official figures revealed the economy expanded ...
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and exports decelerated, according to government data released on Thursday.
WASHINGTON, April 25 (Reuters) - The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid a surge in imports and small build-up of unsold goods at businesses, signs ...
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