The Federal Reserve's June minutes said AI-driven expansion is sustaining real investment in data centers, high‑tech equipment and software. Existing indicators show Q2 real GDP growth remained robust. Real private domestic final expenditures — inclu

2026-07-09

The Federal Reserve's June minutes said AI-driven expansion is sustaining real investment in data centers, high‑tech equipment and software. Existing indicators show Q2 real GDP growth remained robust. Real private domestic final expenditures — including PCE and private fixed investment — rebounded in Q2 and outpaced GDP; consumption was strong. April trade data showed continued strength in high‑tech goods flows and a marked rise in energy exports.