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GDP Report Shows U.S. Economy Grew 2.4% in Second Quarter

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Breaking: The U.S. economy grew at a 2.4% annual rate last quarter, remaining well clear of a recession despite higher rates

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Federal Reserve Chair Jerome Powell said on Wednesday that the central bank will raise its benchmark interest rate by a quarter percentage point, bringing U.S. rates to their highest point in 22 years. Photo: Nathan Howard/Associated Press The U.S. economy grew at a 2.4% annual rate last quarter, remaining well clear of a recession despite higher ratesContinue reading your article with

 

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