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U.S. economy slows down in first quarter
Owen Fairclough
01:38

The U.S. economy showed signs of slowing down significantly on Thursday. The first estimate for the country’s first quarter output showed growth had more than halved compared to the end of last year.

As Owen Fairclough reports, this is what the central bank wanted in its fight to tame inflation. But there are concerns it may have gone too far.

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