US economy grows at its slowest pace in nearly two years
Edited By WION Video Desk
Published: Apr 26, 2024, 06:45 IST | Updated: Apr 26, 2024, 06:45 IST
The US Economy grew at its slowest pace in nearly two years in the first three months of 2024. A surge in imports and a small build-up of unsold goods at businesses, together with an acceleration in inflation, reinforced expectations that the federal reserve would not cut interest rates before September.
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