First US Economic Contraction in Three Years Raises Alarms Amid Tariffs, Fed Dilemma - podcast episode cover

First US Economic Contraction in Three Years Raises Alarms Amid Tariffs, Fed Dilemma

May 05, 202511 min
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Episode description

AM Best Director Ann Modica explains that with first-quarter GDP unexpectedly shrinking by 0.3%, the Federal Reserve faces mounting pressure to navigate between curbing persistent inflation and avoiding a deeper economic slowdown.

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