without crashing the economy. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. foran for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year the kit american economy grew faster than predicted, expanding at an annual rate of 3.3% while inflation fell. goes for the entire you re also exhilarated, even as the federal reserve was involved in the highest rates hike in recent years. the economic rates hike in recent years. the economic growth rates hike in recent years. the economic growth is rates hike in recent years. iie: economic growth is stronger rates hike in recent years. iig; economic growth is stronger than we had during the trump administration. thanks to the amer
and the us is pausing the approval of exports from new liquefied natural gas projects. we find out why. hello, everybody, welcome to the road business report. give me about 30 minutes and i will try to give you a fascinating snapshot of the world of business and money. welcome to the world business report. the uk has suspended free trade talks with canada, after nearly two years of negotiations. the british government had been trying to extend temporary arrangements put in place after brexit, but disputes about agricultural exports couldn t be overcome. it marks the first time the uk has formally suspended talks with a trade partner since formally leaving the eu trading regime in 2021. lets get more on this with the directorate general of the international trade. just for those who haven t been keeping up with this, why has the uk walked away? 50 with this, why has the uk walked awa ? ., . ., away? so once the uk had left the eu, there away? so once the uk had left the eu.
of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth for th