US GDP growth slows to 1.5% in Q2 as core inflation holds at 3.3%
US economic growth slowed to a 1.5% annualized rate in the second quarter, missing expectations, while core inflation held steady at 3.3% in June. The slowdown was driven largely by a decline in federal government spending and inventories rather than weaker consumer demand.
CNBC Top News3 h agoSPX DXY