The resilience of the US economy temporarily withstands the test of the war: GDP growth in the first quarter was 2%, and inflation accelerated in March, piecing together the prospect that the Federal Reserve will not cut interest rates.
According to the latest report from the Zhitong Financial APP, at the beginning of this year, driven by strong commercial and consumer demand, the US economy has accelerated its growth. According to the preliminary estimate released by the US Bureau of Economic Analysis on Thursday, the inflation-adjusted Gross Domestic Product (GDP) grew at an annual rate of 2% in the first quarter, slightly lower than the expected 3%, but still much higher than the previous value of 0.5%. Previously, the longest federal government shutdown in US history had limited economic growth in the last few months of 2025.
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