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The US economy has undergone a narrative shift over the past month.
After two years of outperforming expectations, it now appears the economy is growing slower than many on Wall Street thought it would to start 2025. But while the economy is cooling, it isn't collapsing.
"Growth looks like it's maybe moderating a bit, consumer spending moderating a bit, but still at a solid pace," Federal Reserve Chair Jerome Powell said during his most recent press conference on March 19.
Powell's descriptio...
>>> Read more: Economic growth is 'moderating.' But data doesn't show clear signs of a looming recession.
After two years of outperforming expectations, it now appears the economy is growing slower than many on Wall Street thought it would to start 2025. But while the economy is cooling, it isn't collapsing.
"Growth looks like it's maybe moderating a bit, consumer spending moderating a bit, but still at a solid pace," Federal Reserve Chair Jerome Powell said during his most recent press conference on March 19.
Powell's descriptio...
>>> Read more: Economic growth is 'moderating.' But data doesn't show clear signs of a looming recession.
