US economy contracts 0.3% in Q1 2025; Donald Trump blames it on Biden ‘Overhang’ – Times of India

US economy contracts 0.3% in Q1 2025; Donald Trump blames it on Biden ‘Overhang’ – Times of India

US GDP contracts: The economic news triggered a negative response in US stock markets US GDP contracts: The American economy saw an unexpected contraction during the first quarter of 2025, primarily attributed to increased imports as businesses and individuals built up inventories before US President Donald Trump‘s comprehensive tariffs took effect.According to figures released by…

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US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range; projects US GDP growth slowdown – The Times of India

US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range; projects US GDP growth slowdown – The Times of India

The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept the benchmark rate unchanged in the 4.25-4.5% range in its meeting today. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to…

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