29-May-2026
Economy News
 
Iran war begins to bite? US GDP growth revised down to 1.6% in second estimate
29-May-2026

US economy grew slower than expected in the first three months of 2026 as inflation, rising fuel prices and uncertainty linked to the Iran war continued to pressure households and businesses. Economists say the ongoing conflict in the Middle East is beginning to impact on economic momentum by pushing up oil prices and increasing the cost of living for Americans.

News Source:- https://www.financialexpress.com/market/global-markets/iran-war-begins-to-bite-us-gdp-growth-revised-down-to-1-6-in-second-estimate/4253616/?ref=markets_hp
 
 
 

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