US Economy Slows to 1.5% Growth Rate Amid Ongoing Inflation Concerns

The US economy experienced sluggish growth in the second quarter of 2026, expanding at a rate of just 1.5%. This figure is well below the expected growth rates and raises concerns about the economic outlook.

Inflation remained stubbornly high, with persistent price increases affecting everyday items such as gasoline and groceries. According to the Federal Reserve Board Chairman Kevin Warsh, 'the economy continues to face significant challenges in terms of inflation.'