The United States (US) economy showed signs of recovery as the latest GDP data indicated a 6.5% growth in the second quarter of 2021. This growth was driven by consumer spending and business investment, leading to an increase in overall economic activity. The strong recovery is attributed to the successful vaccination rollout and the reopening of businesses across the country. However, concerns remain about the impact of rising inflation on the economy and the Federal Reserve’s future monetary policy decisions.


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