US Economy Slows to 1.5% Growth in Q2 as June Core Inflation Holds at 3.3%
July 30, 2026
The US economy grew at an annualized rate of 1.5% in the second quarter, falling short of economists’ expectations, while June core inflation remained well above the Federal Reserve’s 2% target, according to economic data released Thursday.
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Fed Holds Interest Rates Steady as Warsh’s Inflation Message Leaves Markets Uncertain
July 30, 2026
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75% on Wednesday, July 29, as a divided policy committee weighed persistent inflation pressures against a steady labour market. Fed Chair Kevin Warsh reiterated the central…
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