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U.S. economy grows by just 1.5 percent
T

he U.S. economy grew by just 1.5 percent in the second quarter, surpassing expectations of 1.4 percent, but "losing momentum" the economy seemed to be gaining earlier this year. Consumers curbed purchases, factories received fewer orders, and exports leveled off. "The sluggishness of the recovery makes the United States more vulnerable to trouble in Europe, and increases the likelihood of more stimulus from the Federal Reserve, which has lowered its forecasts in recent weeks."

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