US Q1 2024 GDP Growth Expectations and Market Impact
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#7e5717d6 ver:0.65

US Q1 2024 GDP growth expected to be softer, ranging from 1.0% to 3.1%. Strong consumer spending and residential investment driving growth, but manufacturing production and non-residential construction declining. Fed concerned about inflation, rate cuts dialed back. Debate on whether economy will stabilize or decelerate further. Q1 GDP growth estimated at 2.2%. Hot economy may discourage Fed from cutting interest rates. US economy surpassing expectations, suggesting Fed policy may not be as restrictive. Q1 growth predicted at 2%. Stellar performance could keep interest rates higher for longer. US economy grew in Q1, supported by strong hiring and waning inflation. AB increases 2024 GDP growth forecast to 1.5%. Inflation expected to cool slowly, delaying rate cuts. Wage growth slowed despite robust hiring. Fed likely to delay rate cuts....

#newstr #UsEconomy #GdpGrowth #FederalReserve #Inflation #MarketImpact 

 https://here.news/story/7e5717d6?ver=0.65