WS #13066
Holding: newest synthesis is 42d 2h old
US Q2 GDP grows only 1.5%, missing 1.8% estimate; core PCE remains above 2% target; 30-year yield near 5.2% as Fed holds rates steady; Deutsche Bank expects two 25bp hikes in 2026.
US economic slowdown and sticky inflation
US Q2 GDP grows only 1.5%, missing 1.8% estimate; core PCE remains above 2% target; 30-year yield near 5.2% as Fed holds rates steady; Deutsche Bank expects two 25bp hikes in 2026.