US economy slowed more than expected as the Iran war took hold
(WASHINGTON) -- The United States economy slowed more than expected as an inflation surge took hold over the early months of the Iran war, a government report on Thursday showed.The economy grew at an annualized rate of 1.5% over three months ending in June, marking a slight slowdown from 2.1% growth recorded in the previous quarter. The figure came in lower than economists' expected.Still, the latest data outperformed 0.5% annualized gross domestic product […]