Trump's Commerce Secretary Howard Lutnick was left astonished by an Atlanta Fed estimate claiming Q1 GDP will shrink by 2.4%, ...
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 ...
The Atlanta Fed's GDPNow model had earlier this week projected nearly -3% GDP growth for the first quarter of 2025 (-2.8%).
On February 28, the #GDPNow model nowcast of real GDP growth in Q1 2025 is -1.5%: https://t.co/T7FoDdgYos. #ATLFedResearch ...
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 ...
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
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 ...
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 ...