1 May 2026 US Monitor Growth outside the tech sector was sluggish in Q1, before the Iran war
29th Apr 2026 08:36USDaily Monitor
- GDP grew by 2.0% in Q1, but underlying momentum was weak even before the energy shock hit in full.
- Consumers’ spending slowed further, while investment outside the tech sector dipped again.
- Core PCE inflation will climb further in the near term, but we expect it to be back below 3% by year-end.
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