The US economy unexpectedly shrank in the first quarter of 2025, contracting at an annual rate of 0.3%. This downturn, driven by increased imports, slower consumer spending, and reduced government expenditure, has fueled speculation about potential Federal Reserve rate cuts. Post navigation Income taxpayers note! New ITR-1, ITR-4 forms notified by CBDT for FY 2024-25 – check details LTCG of Rs 1.25 lakh from equities? Return filing gets simpler
