US GDP grew 2.4% in Q2, faster than Q1 and above expectations

<p>US GDP grew 2.4% annualized in Q2, according to the “advance” estimate, well above expectation of 1.6%. That’s also a faster growth than Q1’s 2.0% annualized. PCE price index slowed from 4.1% to 2.6% while PCE core price index also fell form 4.9% to 3.8%. BEA said: “Compared to the first quarter, the acceleration in […]</p>
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