The U.S. economy continued to grow in the second quarter of 2026, though at a slower pace than earlier in the year. Consumer spending, business investment, and exports supported growth, while inflation remained above the Federal Reserve’s target despite easing late in the quarter. The labor market stayed strong with unemployment falling to 4.2%, and financial markets rebounded, led by technology stocks. The housing market showed mixed results, and the Federal Reserve kept interest rates unchanged while maintaining a cautious, data-driven approach to future policy decisions.
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