Breaking down the GDP report as U.S. economy slows in 2nd quarter

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Jul 30, 2026 6:50 PM EDT

In a sign that the war in Iran may be weighing on economic growth, the U.S. economy saw a slowdown in the second quarter. That’s according to a new report today from the Commerce Department. It all comes after the Federal Reserve kept interest rates unchanged, despite three dissents arguing in favor of a rate increase. Amna Nawaz discussed more with Greg Ip of The Wall Street Journal.

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Katie Marlow

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