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Good look at the state of play after the Q2 GDP report ... Compares to 2024 and expectations going into 2025.
30.7.2025
In sum, in the first half of this year GDP was relatively weak (1.2%) and core inflation was relatively high (3.0%). This is not a catastrophic recession or inflation but it is a cause for serious concern--and a real quandary for the Fed.
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