📈 US Economy Exceeds Expectations
• Core PCE inflation in Q2 increased by 2.5% (expectation was 2.3%).
• GDP grew by 3%, surpassing expectations (2.4%).
🔍 The data shows that inflation remains somewhat resilient, but economic growth is strong.
• Core PCE inflation in Q2 increased by 2.5% (expectation was 2.3%).
• GDP grew by 3%, surpassing expectations (2.4%).
🔍 The data shows that inflation remains somewhat resilient, but economic growth is strong.