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Economy Slows, Inflation Persists, Jobs Hold | San Jose News
The U.S. economy slowed to 1.5% growth in Q2, dragged by rising imports despite stronger consumer spending. Inflation cooled slightly but remains above target, with core PCE up 3.7% year-over-year. The job market remains robust, adding 92K jobs monthly — fueling consumer confidence even as cost-of-living worries linger. The Fed held rates steady for the fifth straight meeting, though three regional leaders pushed for a hike. With midterms looming, inflation remains a top voter concern. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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