“A SLOWDOWN”: CNN Reports On Slower-Than-Expected Q1 2023 GDP As “Inflation Is STILL TOO HIGH”

"A SLOWDOWN": CNN Reports On Slower-Than-Expected Q1 2023 GDP As "Inflation Is STILL TOO HIGH"

Comments made on 4/27/23.


This is a rear view mirror but it shows Us the first three months of the year The economy slowed a bit a little bit Caitlyn 1.1 percent is the growth here In the U.S economy in January February And March and you can see how that Compares how that is a Slowdown from the Last quarter of last year which was 2.6 Percent and certainly from the middle of Last year which was a strong uh 3.2 Percent uh so this is a Slowdown what Are What's Happening Here You've Got High inflation still it's coming off the Boil of last summer but inflation is Still too high here and you've got Interest rates that have been going up For a year now so I think this is what It looks like when you see those Interest rates so high for over a year

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