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badly. the data however paints a different picture. the us economy grew 2% in the first three months of this year. that is almost double initial estimates. consumers spend more, exports held up and prospect for the second quarter also look better with the housing market focused on recovery and subsidies for semiconductor and electric car parts beginning to kick in. the challenge for america s central bank is to keep inflation trending down. data due out later this friday from the us commerce department is likely to confirm prices are cooling. but with inflation still stubbornly hire, policymakers here as in many other developed economies are not done raising interest rates. susannah streeter is senior investment analyst at hargreaves la nsdown. susannah, biden is obviously on a re election campaign. but if we look at his economic track record as president, how successful have his policies been? well, the problem that the us has faced, as have other economies around the world

Gdp growthStimulus plan bidenRe election campaignMichelle fleuryNew yorkCentral bankHousing marketData due outInterest ratesSusannah streeterInvestment analystCommerce departmentLa nsdownTrack recordInflation reduction actHike rates