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US GDP expands 1.6% annualized in Q1, below expectations
Source: Buzz FX / 25 Apr 2024 09:16:18 America/New_York
US real GDP grew at an annualized rate of 1.6% in Q1, missing expectation of 2.1%, sharply lower than Q4’s 3.4%.
Compared to the fourth quarter, the deceleration in real GDP in the first quarter primarily reflected decelerations in consumer
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