BUSINESSKSTP ABC MINNEAPOLIS
US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
The US economy grew at a 1.5% annual rate in Q2 2026, with consumer spending rising but imports reducing growth. Inflation, as measured by the Fed's PCE index, remained above the 2% target at 3.7%, despite a slight monthly decline in prices.
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- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
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