The U.S. economy grew less than expected in the second quarter. The U.S. economy recorded slower-than-anticipated growth during the second quarter, reflecting a slowdown in economic activity amid an international environment marked by geopolitical tensions. Gross Domestic Product (GDP) advanced at an annualized rate of 1.5%, below analysts’ projections. On a quarterly basis, the world’s largest economy expanded by 0.4%, showing a moderation in the pace of growth. The data reinforces signs of economic cooling, as markets remain closely attentive to the evolution of international conflicts and their potential impact on trade and investment.
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