WS #13060
Holding: newest synthesis is 105d 17h old
Q2 GDP slowed to 1.5% (below 2.1% expected), core PCE at 3.3%, personal income rose only 0.2% MoM, signaling stagflation.
Stagflation Signals from US Macro Data
Q2 GDP slowed to 1.5% (below 2.1% expected), core PCE at 3.3%, personal income rose only 0.2% MoM, signaling stagflation.