
Phyrex|Apr 30, 2025 12:35
The initial value of US GDP for the first quarter was -0.3%, which was lower than the expected 0.3%, but still higher than GDP's -2.7%, hitting a new low since the second quarter of 2022. The US economy has entered negative growth, and even before the interference of tariffs, there should be market competition. The Federal Reserve cut interest rates in June. But even a rate cut should be to avoid an economic recession.
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