Fed expected to leave interest rates unchanged as US GDP exceeds forecasts - short news
Gross domestic product grew at an annual rate of 3% in the second quarter of 2025, ahead of expected 2.5%
The US Federal Reserve will announce its latest decision on interest rates today amid intense pressure from Donald Trump to lower rates.
Despite an onslaught of attacks from the White House against the Fed, officials at the central bank are expected to leave rates unchanged. Data released on Wednesday underlined the resilience of the US economy, which bounced back faster..
source: The Guardian - 30.07.2025