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GDP grew at 2.6% rate in fourth quarter of 2022 despite pressure from rising rates

By Zach Halaschak
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GDP grew at 2.6% rate in fourth quarter of 2022 despite pressure from rising rates

The economy grew at a 2.6% annual rate in the fourth quarter of last year, showing strength in the face of economic challenges, the Bureau of Economic Analysis reported Thursday in a revised estimate.

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Federal Reserve GDP Interest Rates