GDP growth cut in half in Q1 to lowest level since 2022
“Stagflation” is the word of the day after a shockingly disappointing first-quarter gross domestic product ( ) reading has some on Wall Street bracing for a potential stock market crash.
The U.S. economy grew at an annualized rate of 1.6% in Q1, per the Bureau of Economic Analysis’s advanced GDP estimate. Not only is…

#stagflation#ey#gregorydaco#q4#federalreserves#chriszaccarelli#craigshapiro#corepceindex