US first-quarter growth rebounds less than expected as inflation surges

US economic growth rebounded less than expected in the first quarter as consumer spending cooled, while inflation surged in March with fallout from the Middle East war beginning to bite, government data showed Thursday. While the world’s biggest economy appears to remain resilient, some analysts warn of reliance on an AI investment boom, while consumers […] The post US first-quarter growth rebounds less than expected as inflation surges appeared first on Digital Journal.