US economy grows 2% as layoffs plunge to 55-year low, inflation lingers

Mădălin Mihai

Fresh data showed the US economy grew at a 2% annualized pace in the first quarter while core inflation rose 3.2% year-over-year in March as data shows a resilient, if uneven, recovery. Economic growth came in a touch softer than expected, with the Commerce Department reporting a 2% annualized expansion in the first quarter — just below the roughly 2.2% to 2.3% pace economists had penciled in heading into the release. The miss reflects more cautious consumer spending as households grapple with

Tag-uri: Inflatie

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