US economy grows sluggish 1.5% in second quarter as inflation tops Fed target
The US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026. Photograph: Shawn Thew/EPAView image in fullscreenThe US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026. Excluding volatile food and energy prices, so-called core consumer prices were up 3.3% from a year earlier, little changed from a 3.4% increase in May.The Fed on Wednesday chose to leave its benchmark interest rate unchanged for the fifth straight meeting.
- ▪The US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026.
- ▪Photograph: Shawn Thew/EPAView image in fullscreenThe US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026.
- ▪Excluding volatile food and energy prices, so-called core consumer prices were up 3.3% from a year earlier, little changed from a 3.4% increase in May.The Fed on Wednesday chose to leave its benchmark interest rate unchanged for the fifth s
3 outlets in our directory ran this story, first to last over 1 hour. Coverage spans 2 points on the political spectrum — 1 lean left, 1 centre.
- ▪ US economic growth slows to 1.5% in second quarter — BBC News — Business
- ▪ Economy slowed in second quarter, while inflation improved — Washington Post — Business
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| Original publisher | The Guardian — US |
| Canonical URL | https://www.theguardian.com/business/2026/jul/30/us-economy-growth-inflation-second-quarter |
| Publication time | Thu, 30 Jul 2026 13:21:19 GMT |
| Retrieval time | 2026-07-30T13:26:57.121Z |
| Last seen | 2026-07-30T13:26:57.121Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | FhTYwVW4jjiX · 3 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
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The US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026. Photograph: Shawn Thew/EPAView image in fullscreenThe US Federal Reserve board chairman, Kevin Warsh, responds to a question from the news media during a press conference at the Federal Reserve building in Washington DC on 29 July 2026. Photograph: Shawn Thew/EPAUS economyUS economy grows sluggish 1.5% in second quarter as inflation tops Fed targetConsumer spending remained resilient even as policymakers kept interest rates on holdAssociated PressThu 30 Jul 2026 09.21 EDTSharePrefer the Guardian on GoogleThe US economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on…
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