WS #13068

From 500 msgs · 8 key-dev

US Q2 GDP grew 1.5% annualized (miss vs 2.1% expected), but consumer spending rose 3.2%; June core PCE cooled to 3.3% YoY; Fed held rates 6-3 with three hawkish dissenters.

US Q2 GDP miss and cooling PCE inflation

US Q2 GDP grew 1.5% annualized (miss vs 2.1% expected), but consumer spending rose 3.2%; June core PCE cooled to 3.3% YoY; Fed held rates 6-3 with three hawkish dissenters.

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