Economy Slows, Inflation Persists | Orlando News

The U.S. economy slowed to 1.5% growth in Q2, missing forecasts, fueled by a spike in imports—but consumers kept spending and AI-driven business investment remained strong. Inflation lingered at 3.7%, above the Fed’s 2% target, while job gains surged to 92K/month, boosting consumer confidence. With midterms looming, inflation remains a top voter concern as the Fed holds rates steady amid ongoing debate over the best path forward. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8557e761bddc9ce0