The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jul 30, 2026
· 3 min read
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U.S. economic growth slows to 1.5% in second quarter as inflation exceeds Fed target
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Article Excerpt
U.S. economic growth slows to 1.5% in second quarter as inflation exceeds Fed target
PAUL WISEMAN
WASHINGTON
THE ASSOCIATED PRESS
PUBLISHED 1 HOUR AGO
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People walk along Wall Street outside of the New York Stock Exchange.
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The U.S. economy expanded at a sluggish 1.5-per-cent pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favoured…
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