Howard Lutnick stunned after learning of Atlanta Fed's economic prediction
Trump's Commerce Secretary Howard Lutnick was left astonished by an Atlanta Fed estimate claiming Q1 GDP will shrink by 2.4%, ...
Atlanta Fed model predicts GDP to shrink 2.8% in Q1: Trumpcession
The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now forecasting America’s gross domestic ...
Atlanta Fed model outlook improves slightly, still shows -2.4% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had earlier this week projected nearly -3% GDP growth for the first quarter of 2025 (-2.8%).
The Motley Fool12d
Is the Stock Market Going to Crash? A New Fed Forecast Offers a Big (and Ominous) Clue.
However, the latest GDPNow forecast from the Federal Reserve Bank of Atlanta portends trouble for the U.S. economy and stock market. Economic and stock market cycles aren't linear, which is great ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
Business Today6d
U.S. Federal Reserve Warns Of An Economic Contraction In Jan-Mar 2025
Trump remains defiant, promising that the U.S. will “become so rich” despite short-term instability. The Federal Reserve Bank of Atlanta has warned that the U.S. economy may contract in the first ...
Reuters8d
U.S. Federal Reserve
Bostic signals New policies under the Trump administration are placing the U.S. economy in "incredible flux," Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, and he ...
Investing11d
Federal Reserve Bank of Atlanta GDPNow
By James Picerno - Jul 30, 2024 The market is convinced that the Federal Reserve will start cutting interest rates at the Sep. 18 policy meeting. Tomorrow’s central bank announcement and press ...