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Episode details

World Service,27 Apr 2023,26 mins

US growth slows at the start of 2023

World Business Report

Available for over a year

The US economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. American consumers kept spending despite inflation, contributing to GDP expansion. But growth slowed down as businesses pulled back on investment and hiring. We talk to experts and businesses about the consequences. Also in the show, we take a look at Argentina’s latest interest rate hike, which now stands at 91%, and we hear the latest from the markets. (Picture: Illustration of US flag and dollars. Picture credit: Getty)

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