US economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes - The Associated Press
apnews.comSubmitted by associatedpress1467 in business
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation. The gr…