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2024-05-03 06:01:40

Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: World Economy Shows Signs of Improvement, Avoids Stagflationary Rut =============== ...

World Economy Shows Signs of Improvement, Avoids Stagflationary Rut
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#d85b6eb2 ver:0.86

The world economy is improving, avoiding stagflation. US GDP growth slowed to 1.6% in Q1 2024, below expectations, due to increased imports and decreased inventory investment. However, consumer spending remains strong, particularly in services. Businesses are optimistic and investing in AI. The US economy is outperforming other developed nations. Productivity growth and wage growth are concerns. The global economy is expected to grow by 3.1% in 2024, with caution advised to address inflation and fiscal challenges. #Economy #Growth #Inflation #Productivity...

#newstr #UsEconomy #WorldEconomy #GdpGrowth #InterestRates #Inflation #ConsumerSpending #Biden'sEconomicScenario #Stagflation #Productivity #Oecd

https://here.news/story/d85b6eb2?ver=0.86
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