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US growth likely slowed in last quarter of 2023

By Inquirer - 10 months ago
WASHINGTON  — The U.S. economy was supposed to have sunk into recession by now, dragged down by the highest interest rates in two decades and a resulting slump in borrowing and spending. Instead, the U.S. economy has kept chugging along. Even more encouraging, inflation, which touched a four-decade high in 2022, has edged steadily lower

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