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 meant to slow the economy.
Stop inflation at all costs.
AND eggs still over $6.00 … stop lying
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People are losing all, home, mental health,lives, while fighting for early medically necessary retirement, years we paid for while working. Why are we told we've no recourse the criminal negligent administration re; Rent Relief program? I'VE IDEAS, WE NEED HELP! cc: timkaine
If the USA people don't take a stand, and RIOT, & take the USA back. By the time Joe gets out of office, there's NOT going to be a USA
This stat reminds me of the fake air raid sirens in Ukraine... I'm calling BS.
As reported on CNN. 🤣🤣🤣👊
VP. Harris maybe the deadweight that Trump needs to beat Pres. Biden in 2024 after the Democrats damaged him so much by exaggerating January 6 th ! Hopefully President Biden will run with VP. Harris.
The economy is doing great!
And this folks is why cnn is rated DEAD LAST in all news networks. I can’t imagine how embarrassing it must be to work for CNN. Democrats PUPPET SHOW!
My 401k shows Biden economics isn’t working. My cost of living is still up around 50%.
This just means the FED are going to further increase interest rates.
No it didn’t. Stop lying you propaganda pumping bullshittin ass platform.
that doesn’t mean anything if it’s below inflation.
House of cards...
And the Russian economy grew more, go figure.
Pathstic
Isn’t inflation still over 5%
Wish my paycheck, my social security, my medicare, and prices in the United States could reflect how I wish things were being a near 40-year-old working full time. There are others who work harder and longer than I do and for LESS. Its sad. America has a greed disease.
Fake news,purge All criminal media
And what is the inflation rate? And what is the interest rate for homes and cars? And what is the stock market doing? And what is the deficit? FUNNY you hide all that - FAKE NEWS
The economy keeps growing and employment keeps growing. This is one heck of a “recession”. 😂😂😂😂😂😂😂😂😂Thank God for President Biden and every Patriot who voted for his wrinkly old ass. 🙏🙏🙏🙏
Hence the indication of a recession in a timing
Us vs. them mentality. Keep stoking the flames
Blame it on trump then global warming!!!
Trump would boost this economy by 100% per month. BIDEN SUCKS
Lies
We need trump back
with the rise of inflation...this is net downturn
Look… balloon!!
The republicans that were saying we were growing too fast and increasing inflation will now say we are growing too slow. Thanks Biden. The government doesn’t control the economy you freaking communists.
Don’t believe it.
If we want to fix this country . . . ImpeachBidenAdministration
Everyone with a brain knew they lied about those numbers. Truth always comes out.
roshawn_000 We’re doing best we can with materials we got now gonna be rate jumps in 2023 want that to keep going up until at good stop then time to repair on some things in U.S.A economy.
Wasn’t the revision for Q4? We are only in month 2 of this year
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USA prints money its all fake, they can spent over 5 trillion dollars they get into a war like IRAQ and Afghanistan, but once it comes to life in USA its just low grow in economy and fake crisis and increase in petrol prices...
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