Powell expects US economy to grow above 2 percent this year

Powell says the US economy is resilient and should grow above 2 percent this year. Solid consumer spending and data center demand drive these steady gains.

Xurve View

Federal Reserve Chair Jerome Powell expects the United States economy to grow above 2% this year despite energy shocks from Iran. This forecast follows a period of resilience driven by consumer spending and a surge in data center construction.

Infrastructure Demand Fuels Economic Resilience

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