Second-quarter growth is expected to rebound to 3%
Pace of hiring has slowed to 124,000 jobs a month from 168,000 last year
Inflation remains mild, with little impact from tariffs so far
Global economy has missed its chance for a soft landing, bank says
Gains in healthcare and hospitality offset by losses in government and manufacturing
Labour market shows resilience as vacancies hit 7.4 million
Imports surge ahead of Trump tariffs, dragging GDP into first decline in three years
The organization warns spending and investment are on hold globally, while U.S. risks recession
Producer price index drops for the first time since October 2023
Latest round of U.S. tariffs went into full effect at midnight Wednesday