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US GDP grew 2.4% in Q2, faster than Q1 and above expectations

US GDP grew 2.4% in Q2, faster than Q1 and above expectations
US GDP grew 2.4% annualized in Q2, according to the “advance” estimate, well above expectation of 1.6%. That’s also a faster growth than Q1’s 2.0% annualized. PCE price index slowed from 4.1% to 2.6% while PCE core price index also fell form 4.9% to 3.8%. BEA said: “Compared to the first quarter, the acceleration in […] The post US GDP grew 2.4% in Q2, faster than Q1 and above expectations appeared first on Action Forex... Read More
Posted: Jul 27 2023, 12:45
Author Name: actionforex
Views: 080866

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