US GDP growth slows to 1.5% in Q2; consumer spending and AI investments keep outlook positive: ICICI Bank

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Mumbai (Maharashtra) [India], August 1 (ANI): The US economy slowed more than expected in the second quarter of 2026, but strong consumer spending and continued investments in artificial intelligence (AI) are expected to support growth in the coming quarters, according to an ICICI Bank report. The report said US GDP growth eased to 1.5 per cent quarter-on-quarter seasonally adjusted annual rate (QoQsaar) in the