US RATE FUTURES-Little moved by strong GDP data

CHICAGO, April 30 (Reuters) - U.S. short-term interest rate futures were near steady after U.S. first-quarter economic growth was reported stronger than expected, showing little change in expectations for the Federal Reserve's policy meeting.

The implied prospects for the Fed to cut its benchmark lending rate by 25 basis points on Wednesday were 80 percent, similar to Tuesday's closing levels.

U.S. gross domestic product expanded at a 0.6-percent annual rate in the first quarter, above the median forecast of 0.2 percent.

(Reporting by Ros Krasny, Editing by Chizu Nomiyama)