U.S.: The Economy Looks Ready To Take A Breather

But it's still too early to tell how long the pause will last

The economy galloped through the winter like Real Quiet in the home stretch of the Kentucky Derby. So it isn't surprising that growth is set to slow this quarter--if only enough for consumers, homebuilders, and businesses to catch their breath. Just how much will growth cool off, though, and will any slowdown last into the second half? The answers are crucial for monetary policy and Wall Street.

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