The US economy grew excessively than expected: Data

According to New data The Department of Commerce reported on Wednesday, with gross domestic products increased by 3 % in April to June, with a strong second quarter expected.

“The summer word for the economy is ‘flexible’ for the economy.” The user is hanging there, but until the trade deals are on the shore, the economist, Heather Long, told CNBC.

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Having recovering looting services

On Wednesday, the ADP reports that hiring in private companies has improved. Palerus changed the loss of June 23,000 jobs with a seasonally adjusted 104,000 increase, an increase of 64,000 overall and exceeded Wall Street expectations. (Changed to 33,000 in June.)

ADP chief economist Nila Richardson Told CNBC That their data is “a widespread indication of a healthy economy.”

Richardson said, “Employers are more hopeful that consumers will be the backbone of the economy, flexible.”

Will the feed cut rate?

Gregory Dico, chief economist from EYParten, is expected to not reduce the rates at the Fed Wednesday meeting.

“The Fed will remain in the July FOMC meeting with possible differences by the two governors, but it is likely that the Labor Market will decrease the September rate in view of the expected slowdown in the next months,” said Diko. Businessman In an email

Dico said he expects the real GDP to be just 0.9 % of the Q4 2025 year by 2025. “

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