Joel Elconin provides a live reaction to the economic data released this morning. The U.S. gross domestic product (GDP) increased at a 1.1% annualized pace in the first quarter of 2023, well below analyst expectations of 2% growth, according to advance estimates released Thursday by the Bureau of Economic Analysis.<br /><br />Markets were volatile after the release, with investors attempting to predict how the Fed will change its policies in response to the latest economic data. Find out more on benzinga.com.
