Master your mind. Master Trading.
-
The US economy grew less in fourth quarter than previously believed
The US economy grew at a 2.7% annual rate in the final three months of the year, the Commerce Department reported Thursday. That’s less than the previous estimate of 2.9% growth in the quarter. The slower increase in gross domestic product, a broad measure of economic activity, could be a sign that the Federal Reserve’s series of steep interest rate hikes are having more of an impact than previously thought. Other recent economic readings, including the very strong January jobs report and a strong rebound in retail sales, suggest the Fed could do more to try to beat back inflation through higher interest rates ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 23, 2023 3:41pm Feb 23, 2023 3:41pm
- KareemAliFx
- Joined Oct 2019 | Status: Member | 213 Comments
- Comment #2
- Quote
- Feb 23, 2023 6:08pm Feb 23, 2023 6:08pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #3
- Quote
- Feb 23, 2023 10:35pm Feb 23, 2023 10:35pm
- MalaikatGold
- | Joined Dec 2022 | Status: Junior Member | 1 Comment
- Comment #4
- Quote
- Feb 24, 2023 2:56am Feb 24, 2023 2:56am
- Trade-inzone
- | Joined Jan 2023 | Status: Junior Member | 4 Comments