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Economic Slowdown and Rising Rates
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Bitcoin Halving and Dollar Dynamics
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Overview
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US economy sees a slowdown with a 1.6% growth rate in Q1 2024, attributed to reduced consumer spending and rising inflation. Mortgage rates surge to their highest level since November, impacting homebuyers. Wall Street declines over 1% amid fading rate-cut hopes.
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How might the slowdown in consumer spending impact different sectors of the economy?
In what ways could the utilization of frozen Russian assets influence international relations and financial markets?
What strategies could homebuyers employ to navigate the surge in mortgage rates?
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