US Q2 Growth Slows to 1.5%, Core Inflation at 3.3%

The U.S. economy saw a significant slowdown in the second quarter, growing at an annual rate of just 1.5%, down from previous periods. Despite the deceleration in growth, core inflation for June registered 3.3%, indicating persistent price pressures. This combination of slower growth and sticky inflation presents a challenge for the Federal Reserve's monetary policy decisions. For Pakistani investors, this data could influence the US dollar's trajectory and international gold prices, potentially impacting local gold and currency rates.

بحوالہ / Source: www.cnbc.com