Still, many global risks remain even as trade hostilities have lessened
Economists now believe the GDP is growing around 2% in the current quarter
The economy began the year with a "sizzling" 3.1% GDP rate
Economists expect the Federal Reserve to remain in a holding pattern for now
Economists had been forecasting a bigger slowdown
Growing conflicts could lead to weakest growth since 2008
Prices have risen at a modest annual rate of 1.7% over the past 12 months
“Everyone loses in a trade war,” new IMF head warns
Analysts believe growth will slow further in coming quarters
Two officials preferred to keep rates unchanged and one argued for a bigger cut