Tag: Damping

US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes

(Bloomberg) — US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run of strong demand and muted price pressures that had fueled optimism for a soft landing. Most Read from Bloomberg Gross domestic product increased at a 1.6% annualized rate, below all economists’ forecasts, the […]