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

Description:

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 / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #USEconomy #GDPGrowth #InterestRates #shorts