Real Estate & Home

Economy Grew 2% in First Quarter, but Key Inflation Measure Hits a 3-Year High

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The U.S. economy grew by 2% in the first quarter of 2026, recovering from a previous slowdown, while key inflation measures hit a three-year high at 3.5%. This trend pressures the Federal Reserve to maintain or even raise interest rates, impacting mortgage costs and reducing chances for rate cuts soon.

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