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At close · Wed, Jul 29, 2026
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Home›Bonds & Rates›Economy›US economy slowed to 1.5% growth rate in Q2

US economy slowed to 1.5% growth rate in Q2

June core inflation came in at 3.3%, while the GDP miss was linked to declines in federal government spending and inventories.

Reported · Written up by our desk · Economy

CNBC reports that the US economy slowed to a 1.5% growth rate in the second quarter, below expectations.

The same coverage says June core inflation was 3.3%, indicating underlying price pressures remained elevated.

CNBC adds that the GDP shortfall appeared to stem from a decline in federal government spending and inventories.

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Sources

CNBC MarketsU.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
CNBC WorldU.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
CNBC EconomyU.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

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