In a sign that the war in Iran may be weighing on economic growth, the U.S. economy saw a slowdown in the second quarter. That’s according to a new report today from the Commerce Department. It all comes after the Federal Reserve kept interest rates unchanged, despite three dissents arguing in favor of a rate increase. Amna Nawaz discussed more with Greg Ip of The Wall Street Journal.
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Katie Marlow Katie Marlow
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In a sign that the war in Iran may be weighing on economic growth, the U.S. economy saw a slowdown in the second quarter. That’s according to a new report today from the Commerce Department. It all comes after the Federal Reserve kept interest rates unchanged, despite three dissents arguing in favor of a rate increase. Amna Nawaz discussed more with Greg Ip of The Wall Street Journal.
Jackson Hudgins Jackson Hudgins
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Dconomic activity weakened between April and June as energy costs surged, new government data shows.
The United States saw slowing growth in the second quarter, the Commerce Department said Thursday, with the fallout from…
The U.S. economy is expected to have slowed slightly in the second quarter.
Consumer spending surged at a rate of 3.2%, buoyed by bigger tax refunds and higher gas prices.
The Commerce Department reports the U.S. economy is barely chugging along.
GDP grew by 1.5 percent in the second quarter following a 2.1 percent increase in the first quarter.
