US GDP grew more strongly than expected in Q2:

- Forecast: +3.0%

- Actual: +3.3%

👉 The current data, with US GDP growth of 3.3% in Q2, could be a signal for the Fed not to cut interest rates in September. In view of the robust economic data and the fact that inflation remains above target, the Federal Reserve would be more likely to pursue a more restrictive monetary policy. Bad for risk assets $BTC (+0,08 %)