WS #13051
US Q2 GDP grew at 1.5% annualized vs 2.1% expected, while core PCE remains elevated, confirming stagflationary conditions but markets focusing on AI earnings instead.
US Q2 GDP Miss & Stagflation Confirmation
US Q2 GDP grew at 1.5% annualized vs 2.1% expected, while core PCE remains elevated, confirming stagflationary conditions but markets focusing on AI earnings instead.