Q1 GDP Revised Higher As Core PCE Comes In Hotter Than Expected

Q1 GDP Revised Higher As Core PCE Comes In Hotter Than Expected

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Q1 GDP Revised Higher As Core PCE Comes In Hotter Than Expected In the second estimate of Q1 GDP, the BLS reported a that the US economy grew at an annual rate of 1.3%, up from 1.1% in the advance estimate published a month ago and down from the 2.6% growth rate in Q4 of 2022. The increase in the…

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