U.S. economic growth cooled slightly to a 2.9% annual rate in the fourth quarter, capping a year of high inflation and rising interest rates.
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The U.S. Financial machine entered 2023 with a great deal much less momentum as boom cooled amid developing hobby charges and excessive inflation.
U.S. gross domestic product grew at a seasonally adjusted annual charge of .Nine% within the final 3 months of 2022, down barely from a 3.2% annual fee in the zero.33 area, the Commerce Department said Thursday.
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