|
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President Donald Trump's tariffs begin to ripple through the broader economy.
|
RELATED ARTICLES | | |
|
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
|
|
The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3% in the second quarter of the year.
|
|
