Bloomberg Television
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Between Rate Hikes and Inflation, Can the US Economy Stay Afloat?
Posted
April 28, 2023
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3,851
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April 28, 2023
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1:17Now PlayingGDP data for the first quarter confirmed the economy is still growing, but may be inching toward a contraction. The 1.1% of growth recorded for the first three months of 2023 was well below forecasts of 2.0%, and reflects an economy battered by surging inflation and relentless interest rate hikes. Is this lackluster growth the sign of an imminent recession? Presented by @cmegroup
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