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U.S. Economy Accelerates, But Shows Signs Of Slowing

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According to Reuters, U.S. economic growth accelerated in the first quarter, but inflation pressures were much weaker than initially thought, supporting a recent decision by the Federal Reserve to suspend further rate increases. There are also signs that the export- and inventory-driven momentum faded early in the second quarter. Manufacturing, retail sales, housing and exports dropped in April. The U.S.

Added on the 30/05/2019 10:03:26 - Copyright : Wochit

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