The U.S. economy grew more slowly during the first three months of the year, updated government data showed Thursday




The economy grew at a 1.6% annual rate, below earlier estimates, though corporate profits saw their largest year-over-year increase since 2021



Source link

  • Related Posts

    Swiss Inflation Holds Steady Ahead of SNB Meeting

    Swiss inflation was unchanged in May, reinforcing the view that the Swiss National Bank is unlikely to raise interest rates later this month. Source link

    Energy Costs Continue to Feed Inflation, Fed’s Beige Book Shows

    U.S. businesses endured another month of energy-driven price increases and economic uncertainty in the third month of the Iran conflict, according to a recent survey from the Federal Reserve. Source…

    Leave a Reply

    Your email address will not be published. Required fields are marked *