The US economy shrank at a 1.6% annual pace, according to the Federal Government. That's a far cry from Q1 2021, when the economy jumped 6.4%. And the second quarter of 2022 isn’t looking all that great, either. The downturn comes as The Federal Reserve is lifting interest rates in an effort to subdue the highest inflation rate in 40 years. The contraction in gross domestic product was the first since the onset of the pandemic in early 2020. Previously the government put the decline at 1...