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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 […]