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The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3
business • 9/27/2025

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.

On Thursday, second-quarter growth was revised even higher, to 3.8% from a prior reading of 3.3%, on robust consumer spending. That’s after a first-quarter dip that was driven by President Donald Trump’s trade war. Meanwhile, third-quarter growth is ... [2813 chars]