US revises first quarter growth down while inflation climbs

The US economy expanded less than initially estimated in the first quarter, government data showed Thursday, while a key inflation gauge separately hit a three-year high on fallout from the Middle East war. The figures sound a warning on pressures that American households are facing ahead of midterm elections, as steeper gasoline prices squeeze budgets […] The post US revises first quarter growth down while inflation climbs appeared first on Digital Journal.