U.S. economic growth slows to 1.5% in second quarter as inflation exceeds Fed target
Economy was sluggish even as consumer spending rose; PCE price index up 3.7% annually in June
Key context
- Source
- Globe and Mail — established analytical coverage
- Scope
- North America · US, GB
- Theme
- Markets, Rates, Trade
- Signals
- equity indices, credit spreads, implied volatility
Why it matters
Fed's policy stance directly shapes borrowing costs across U.S., because rate decisions feed through to mortgages and bond yields.
MarketsRatesTradeInflationMonetary PolicyGrowthFiscalUSGB
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