Investors are pessimistic about the stablity of the US economy. DW asked Michael Burda of Humboldt University about the biggest challenges facing the world's largest economy.
The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce, according to a report by the Federal Reserve. The weak wage increase is seen as a setback for US citizens.
The American economy grew much faster than originally reported in the first quarter of 2017 due to sharp increases in business and consumer spending, the Commerce Department reported Friday.
US growth figures do not make comfortable reading for Donald Trump. However, the US has encouraging business investment and job creation figures, with the unemployment rate at a nine-year low.
The US central bank has signaled it's ready to start selling more than a trillion dollars worth of assets it accumulated in the wake of the financial crisis, suggesting the US economy can do without further stimulus.
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