U.S. GDP Grows 2.9% in October-December
U.S. real gross domestic product (GDP) figures for the fourth quarter of last year increased at a faster pace than expected. However, the Fed’s aggressive rate hikes risk slowing growth this year, and underlying demand is showing signs of slowing. Key Point Preliminary real GDP for October-December increased by 2.9% year-on-year compared to the previous … Read more