US Economy Slows to 1.5% Growth in Q2 2026
The US economy grew at an annualised rate of just 1.5% in the second quarter of 2026, marking a slowdown
Emmanuel Eze
July 30, 2026
- July 31, 2026
The US economy grew at an annualised rate of just 1.5% in the second quarter of 2026, marking a slowdown
US consumer inflation accelerated at its fastest pace in three years in May, driven largely by soaring energy costs linked
US Inflation figures moved towards 2.9% YoY in August, driven by the price of gas, groceries, hotel rooms and airfare,
US inflation continued its upward trend in July, with consumer prices 2.7% higher than a year earlier, according to the
U.S. inflation ticked up in June, driven by early effects of tariff-related price pressures that are likely to keep the
US inflation, tracked by the Consumer Price Index (CPI), ticked up to 2.4% year-over-year in May 2025, rising from April’s
Inflation’s steady march lower continued in August 2024, with the Bureau of Labor Statistics reporting a year-over-year increase of 2.5%.
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