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US growth slows at the start of 2023
The economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. Consumers kept spending despite inflation, but businesses pulled back on investment.
The US economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. American consumers kept spending despite inflation, contributing to GDP expansion. But growth slowed down as businesses pulled back on investment and hiring. We talk to experts and businesses about the consequences.
Also in the show, we take a look at Argentina鈥檚 latest interest rate hike, which now stands at 91%, and we hear the latest from the markets.
(Picture: Illustration of US flag and dollars. Picture credit: Getty)
Last on
Thu 27 Apr 2023
22:32GMT
主播大秀 World Service except Europe and the Middle East
Broadcasts
- Thu 27 Apr 2023 21:32GMT主播大秀 World Service Europe and the Middle East
- Thu 27 Apr 2023 22:32GMT主播大秀 World Service except Europe and the Middle East