✉news BusinessEconomy first seen 16 h ago, last 1 h ago, peak #1
US economy grew 2.2% in the second quarter
Original: US economy grew a solid 2.2% in the second quarter
The US economy expanded at a 2.2% annual pace in the second quarter, a solid rate of growth that exceeded recession-fear expectations. The reading points to steady consumer and business activity despite high interest rates and ongoing inflation concerns. Analysts are weighing what the figure means for the Federal Reserve's next moves on interest rates.
Why now: Fresh GDP data showing resilient growth is drawing attention amid debate over the economy's direction and Fed policy.
United StatesUS economyFederal Reserve
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- US economy grew a solid 2.2% in the second quarter · Alabama Daily News
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