U.S. economy grew at a 3% rate in Q2

Beschreibung:

The U.S. economy grew 3% in the second quarter, beating expectations and rebounding from a 0.5% decline in Q1. The growth was driven by a sharp drop in imports and stronger consumer spending, despite ongoing trade tensions and high tariffs. Consumer spending rose 1.4%, and inflation showed signs of easing. However, some underlying indicators, like private domestic sales and residential investment, pointed to a possible slowdown, CNBC has reported. President Trump hailed the report and renewed calls for the Federal Reserve to cut interest rates, which remain at 4.25%–4.5%. read more: 👍 Like this video if you think 3% growth is a sign of a strong recovery—or if you’re watching the Fed’s next move. 💬 Do you believe the Fed should cut interest rates now? Drop your thoughts in the comments. 🔗 Share this update to help others understand what’s really driving the U.S. economy. 💰 Want to support the channel? Hit the Thanks button or check the links below to contribute. 👉 Subscribe for more fast, clear breakdowns of key economic stories. Thanks for watching! Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #USEconomy #GDPGrowth #InterestRates