
US Atlanta Fed GDPNow Q2: +4.6% (prev 3.8%) #MacroEdge
Market Brief
Daily market recaps with key events, stock movements, and global influences
A newer version of this article is available. Read the latest version
9 posts • GPT (4.1 mini)
Updated
More breaking stories on DeepNewz — updated live.
US Atlanta Fed GDPNow Q2: +4.6% (prev 3.8%) #MacroEdge
The Atlanta Fed's GDPNow index jumps to 4.64% from 3.84%, significantly outpacing the consensus forecast of 1.4%. (📈 via ECAN)
The Atlanta Fed's 🇺🇸 Q2 GDPNow forecast was just raised to +4.6% up from +3.8%
Personal income is running at 10% annualized growth while inflation falls to 1.2%. Yet the Fed still keeps rate high, sitting on its hands to sabotage Trump’s economy.
The trade deficit fell in half. Meanwhile inflation is dropping and incomes are going gangbusters. All of this is happening with zero help from Congress or the Fed.
The Fed now projects 3.8% GDP growth, with incomes soaring, inflation crashing, and the trade deficit collapsing by half. Maybe Congress would like to help at some point.
The Atlanta Fed's 🇺🇸 Q2 GDPNow forecast was just raised to +4.6% up from +3.8%
The Atlanta Fed's GDPNow index jumps to 4.64% from 3.84%, significantly outpacing the consensus forecast of 1.4%. (📈 via ECAN)