Associated Press·3 min read·medium
US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high - AP News
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Paul Wiseman
✦AI Summary
The U.S. economy grew by a sluggish 1.5% in the second quarter, hampered by rising imports despite steady consumer spending. Inflation remains a persistent concern for the Federal Reserve as it evaluates future monetary policy.
WASHINGTON (AP) The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserves favored measu…
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