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USA
Inflation is a measure of the reduction in purchasing power, the price changes measured in inflation not only affects consumers but also affects businesses investments. The inflation rate for the United States amounted to 5% in April 2023. This value for the inflation rate is a negligible 0.03 percentile point reduction from the previous month...
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taxi, nyc, new york-1574278.jpg
The US economy shrank at a 1.4% annual rate last quarter despite solid spending by consumers and businesses. This is the first contraction since the early days of the pandemic. This is also the first advance estimate so we will likely have a revised number in the following weeks.               Source: BEA The expectation for...
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taxi, nyc, new york-1574278.jpg
The US economy shrank at a 1.4% annual rate last quarter despite solid spending by consumers and businesses. This is the first contraction since the early days of the pandemic. This is also the first advance estimate so we will likely have a revised number in the following weeks.               Source: BEA The expectation for...
Read More