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US GDP Growth Upbeat For 2023 - What's Next?
The US economy’s fourth-quarter growth beat forecasts with GDP increasing 3.3% on an annualised basis. This means for all of 2023, the economy expanded 2.5%. Tim Mulholland, President at TJM Limited, Chicago, helps us analyse what this means for future action from the US Federal Reserve as underlying inflation also rose 2% for a second straight quarter, in line with its own target.
Image credit: Shutterstock.com
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By BFM Media
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The US economy’s fourth-quarter growth beat forecasts with GDP increasing 3.3% on an annualised basis. This means for all of 2023, the economy expanded 2.5%. Tim Mulholland, President at TJM Limited, Chicago, helps us analyse what this means for future action from the US Federal Reserve as underlying inflation also rose 2% for a second straight quarter, in line with its own target.
Image credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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