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Q2 GDP growth is nowcast at a moderate 1.7%, supported by a rebound in June retail sales. Consumer resilience remains strong, ...
The GBP/USD price analysis shows a rebound in the dollar as employment figures further lowered expectations for Fed rate cuts ...
The US dollar steadies near 97.55 as strong PMI data and China trade talks offset Fed rate cut bets ahead of the July FOMC ...
The US economy remains on track to rebound in the second quarter after the modest contraction in Q1, ... The Bureau of Economic Analysis is scheduled to publish its initial Q2 GDP data on July 30.
The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive tariffs ...
The retail sales report arrives amid a whipsaw frenzy of on-and-off-again tariffs have that jolted businesses and households.
Retail sales bounced back in June, with data showing a 0.6% increase — better than the 0.1% expected and the 0.9% decline ...
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
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