WS #13103
US Q2 GDP slowed to 1.5% (miss) with stubborn inflation, pushing 30-year mortgage rates to a 12-month high of 6.66%, reinforcing stagflation concerns.
US macro: GDP miss, inflation, mortgage rates
US Q2 GDP slowed to 1.5% (miss) with stubborn inflation, pushing 30-year mortgage rates to a 12-month high of 6.66%, reinforcing stagflation concerns.