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US economic growth slows in Q2, misses forecasts

Malaysia Times desk Original: Free Malaysia Today↗ 7/31 00:19 X

Photo: Free Malaysia Today

The fallout from president Donald Trump's Iran war weighed on the world's largest economy.

From the original report

GDP grew at a sluggish annualised rate of 1.5% in Q2, the Bureau of Economic Analysis (BEA) said, missing analyst expectations of around 2%.

It had grown by 2.1% in the previous quarter, BEA data showed.

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