Atlanta Fed posts alarming new economic projection of Trump's first quarter
Atlanta Fed's GDPNow model sees U.S. economy shrinking 2.8% in the first quarter of 2025
The Atlanta Fed GDPNow on Monday estimated that the U.S. economy will shrink at a 2.8% annualized rate in the first quarter of 2025 -- just days after it indicated that gross domestic product was on pace to shrink by 1.
Atlanta Fed’s GDP Predictor Is Tanking. It’s All About Trade Wars.
The Atlanta Federal Reserve keeps a running tally of how it expects gross domestic product to perform in the current quarter. It just swung from solid growth to contraction. The reason could be down to some statistical noise,
Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower prices, and China would eat any tariffs.
Donald Trump, Inflation and US Economy
As the debate over Trump’s crypto strategic reserve unfolds, both the political and financial implications remain uncertain.
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