US economy grew in 2nd quarter even as interest rates rose
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ViewThe U.S. economy continued to grow in the second quarter of 2023 even during a series of interest rate hikes intended to cool inflation.
According to the U.S. Bureau of Economic Analysis, the U.S. real gross domestic product increased at an annual rate of 2.4% in the second quarter of 2023, which is up from 2% during the...