Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter

Inflation remained above the central bank's 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.

Inflation remained above the central bank's 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.