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US economy expands 1.5% in Q2, misses forecasts despite spending rebound

The US economy expanded at a slower 1.5% pace in the second quarter. Strong consumer spending and AI infrastructure investment supported overall economic activity. Imports surged, significantly weighing down the gross domestic product growth. Inflation showed signs of easing but remained above the Federal Reserve's target. The Federal Reserve kept interest rates unchanged while signaling potential future hikes.

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US economy expands 1.5% in Q2, misses forecasts despite spending rebound

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US economy expands 1.5% in Q2, misses forecasts despite spending rebound

Confronto fonti

US economy expands 1.5% in Q2, misses forecasts despite spending rebound

Timeline cronologica

The economy slowed a bit -- but Americans continued to spend

Consumers, AI spending likely supported US growth

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