Running against the need to cut rates (although be shocked if they didn't) is the Atlanta Fed GDPNow growth forecast for the 3rd quarter which rose to 3.1% from 3.0% previously.In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.1 percent on September 10, up from 3.0 percent on September 4. After recent releases from the US Bureau of Labor Statistics and the US Census Bureau, increases in the nowcasts of real personal consumption expenditures growth and real gross private domestic investment growth from 2.1 percent and 6.0 percent, respectively, to 2.3 percent and 6.2 percent, were partly offset by a decline in the nowcast of the contribution of net exports to GDP growth from 0.28 percentage points to 0.23 percentage points.The next GDPNow update is Tuesday, September 16. Please see the "Release Dates" tab below for a list of upcoming releases.Looking at the chart of the progression this quarter shows that the low of the estimates was at 2.1%. The high was near 3.5%. This article was written by Greg Michalowski at investinglive.com.