Global markets
US Economy Slows to 1.5% as Inflation Remains Stubbornly High
This impact news from the Global category highlights the latest US economic data, showing a slowdown in GDP growth to 1.5% for the second quarter of 2026. Persistent inflation remains a key concern, staying above the Federal Reserve's target. This stubborn inflation is dampening expectations for any immediate interest rate cuts by the Fed. Investors and market participants globally are now closely watching for further guidance from the Federal Reserve on potential future monetary policy adjustments. The muted US economic performance, despite broader economic discussions, underscores the complex global market environment. This news is crucial for understanding global economic trends and their potential impact on Indian financial markets.
More in Global markets
Global markets
US-China Reset? What Xi’s Latest Visit Could Mean for Global Markets
Global markets
Xi Jinping to Visit US for Trump Summit on Trade, AI and Tariffs
- Xi Jinping will visit the US from September 23-25 for summit talks with President Trump
- Trade, tariffs, AI and critical minerals are expected to dominate the summit agenda
- Both sides are discussing reciprocal tariff cuts covering $30 billion of products each