U.S. Dollar Stabilizes After Better-Than-Expected GDP Report The U.S. dollar pared its losses on Thursday after data showed stronger-than-expected economic growth and slowing inflation in the second quarter. The GDP grew at an annualized rate of 2.8%, surpassing economists’ forecasts of 2.0%. This positive economic data helped the dollar recover slightly against the yen and other currencies, though it remained down overall. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts March Numbers Show Prices Rising Faster Than Predicted READ MORE OPEC Slashes Oil Demand Growth Outlook for 2024 and 2025 READ MORE Fed's Goolsbee Signals Readiness for Rate Cuts as Inflation Eases READ MORE Opinion: Fed Should Cut Interest Rates to Avoid Economic Harm READ MORE Stronger Jobs Data Triggers Over 2% Decline in Gold Prices READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment