Fewer Odds of October Rate Cut Signal a Stronger U.S. Economy but Stir Market Uncertainty

The U.S. Bureau of Economic Analysis released its third estimate for Q2 2025 GDP growth, revising it upward to a robust 3.0% annualized rate—surpassing the initial 2.8% estimate and Wall Street’s consensus of 2.9%. This strength was largely driven by consumer spending, which rose 3.7% in the quarter, exceeding forecasts. Complementing this, the Labor Department’s […] The post Fewer Odds of October Rate Cut Signal a Stronger U.S. Economy but Stir Market Uncertainty appeared first on Tekedia.

  Business   Sep 30, 2025   0   10  Add to Reading List
Fewer Odds of October Rate Cut Signal a Stronger U.S. Economy but Stir Market Uncertainty

The U.S. Bureau of Economic Analysis released its third estimate for Q2 2025 GDP growth, revising it upward to a robust 3.0% annualized rate—surpassing the initial 2.8% estimate and Wall Street’s consensus of 2.9%. This strength was largely driven by consumer spending, which rose 3.7% in the quarter, exceeding forecasts. Complementing this, the Labor Department’s […]

The post Fewer Odds of October Rate Cut Signal a Stronger U.S. Economy but Stir Market Uncertainty appeared first on Tekedia.

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