US economic growth in the first half of the year appears on track to continue in the third quarter, based on the median estimate via several sources that are aggregated by CapitalSpectator.com.
Daily Archives: August 25, 2023
Macro Briefing: 25 August 2023
* Will Fed Chair Powell’s speech today mark a shift for monetary policy?
* Fed officials offer mixed views on case for more rate hikes
* US headline durable goods orders fall in July as business equipment orders rise
* German business sentiment drops for fourth straight month in August
* US jobless claims edge lower, continue to reflect solid labor market
* Atlanta Fed’s GDPNow model lifts US Q3 growth to red-hot +5.9% nowcast
* US economic growth recovers in July via Chicago Fed Nat’l Activity Index: