Monday, January 30, 2023

US economy likely slowed but still posted solid growth in Q4

US economy likely slowed but still posted solid growth in Q4

The Commerce Department will issue its first of three estimates of fourth-quarter GDP growth at 8:30 a.m. Eastern time Thursday. Despite a likely second straight quarter of expansion, the economy is widely expected to slow and then slide into a recession sometime in the coming months as increasingly high interest rates, engineered by the Federal Reserve,…


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