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US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high - AP News

US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high - AP News

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remained above the central bank’…

WASHINGTON (AP) The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserves favored measu… [+3491 chars]

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