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Honey, I shrunk the economy

FT News Briefing

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Resilience Amidst Economic Contraction: Insights on U.S. GDP and Future Projections

This chapter examines recent GDP figures and their implications for the U.S. economy, focusing on resilient domestic demand despite overall contraction. It explores the potential impact of tariffs and suggests that the Federal Reserve will prioritize inflation over GDP data in their decision-making.

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