U.S. Economic Growth Slowed to 1.5% in Second Quarter
U.S. GDP rose just 1.5% in Q2 as mortgage rates hit 6.66%; Fed held rates while inflation stayed elevated. Fed's dovish stance amid weak growth constrained IT budgets and capex delays; EU AI Gigafactories tender builds local capacity vs. U.S./China.
U.S. Economic Growth Slowed to 1.5% in Second Quarter
U.S. gross domestic product rose at a 1.5% annual rate in the second quarter, falling short of economists' expectations.
Fed's Preferred Inflation Index Cooled but Remained Elevated in June
The price index of personal-consumption expenditures cooled in June but remains well above the Fed's 2% target.
Iran War Piles on Inflation Pressure But BOE Follows the Fed
U.S. Economy Grows Slower Than Expected In Second Quarter With Inflation Remaining High
US GDP growth dips as inflation and trade deficits pressure economy
U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
U.S. economic growth slowed unexpectedly in the second quarter, as tariffs and Iran war cut into gains
U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
Economy Grew By 1.5% in Second Quarter
U.S. economy slowed in second quarter as Iran war weighs on growth
Sluggish third-quarter economy revealed as GDP falls to 1.5% | Fortune
US economic growth slows in second quarter, missing expectations
US economy expands 1.5% in Q2, misses forecasts despite spending rebound
