U.S. GDP slowed sharply in first quarter as high interest rates pressure economy

Decelerated to 1.6 per cent from 3.4 per cent at the end of 2023

By: financialpost.com

Apr 25 2024
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U.S. GDP slowed sharply in first quarter as high interest rates pressure economy — U.S. GDP slowed sharply in fir

The U.S. economy slowed last quarter, growing at an annual rate of 1.6 per cent in a sign that the high interest rates may be taking a toll on borrowing and spending. Read More

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U.S. GDP slowed sharply in first quarter as high interest rates pressure economy

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