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The Weekly Bottom Line: Core Inflation Remains Elevated, Fed to Hike Next Week

The Weekly Bottom Line: Core Inflation Remains Elevated, Fed to Hike Next Week
U.S. Highlights U.S. real GDP growth slowed to 1.1% quarter-over-quarter (q/q) annualized in 2023 Q1, from 2.6% q/q in the previous quarter. A measure of underlying domestic demand accelerated to 2.9% q/q, supported by a strong gain in consumer spending, although the monthly pattern revealed that the spending gain was entirely concentrated in January. New […] The post The Weekly Bottom Line: Core Inflation Remains Elevated, Fed to Hike Next Week appeared first on Action Forex... Read More
Posted: Apr 29 2023, 03:22
Author Name: actionforex
Views: 081962

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