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Can the US Consumer Prevent a Recession?

Posted

May 25, 2023

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US GDP again beat expectations for the first quarter, with the Commerce Department’s second estimate of 1.3% exceeding market forecasts of a 1.1% increase. As high inflation and interest rate hikes weigh on the economy, continued growth is increasingly reliant on resilient consumer spending. Can the US consumer prevent the economy from slipping into recession?  Presented by @cmegroup

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Can the US Consumer Prevent a Recession? · Bloomberg Television · Sentinel