28 April 2022
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1 min.
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If you are covering US first quarter GDP, please see the following comment from Hinesh Patel, portfolio manager at Quilter Investors:
“US first quarter GDP had a far poorer show than had been anticipated, falling by 1.4% in Q1 – a significant drop in comparison to Q4 2021’s 6.9% growth and far worse than the 1% growth many economists had predicted.
“While this headline may be a bit of a shocker, price impact is by far the most dominant factor. Without inflation, the economy grew by a monstrous 6.5% annualised – and that’s including the Omicron overhang. As such, it’s little wonder the Fed is forced into its current stance.
“While consumer consumption has been healthy, a natural demand brake is likely on the horizon as a result of high prices and rising wages. For investors, the time to buy bonds may well be upon us.”
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PRESS RELEASES OF ENGLAND
Press releases GlobalEng.biz -this is the latest news from England companies.
The official press releases of companies in England are regularly published on the resource. You can find out the latest news of enterprises in the corresponding section on the main page. Posting press releases is a traditional and effective way to promote your business. It allows organizations to declare themselves and their products and services to the widest possible mass of the audience. At the same time, the information occasion can be any: attracting people to an event or conference, highlighting new products or personnel appointments. If your goal is to draw attention to your information, then GlobalEng.biz will become your reliable assistant in this case. Thanks to the portal, your press release will be seen by reviewers of leading online publications, customers and partners.
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Alena Potapova
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