Economic activity remains on a path to slow in the next month’s release of first-quarter GDP data, according to the median nowcast via a set of estimates compiled by CapitalSpectator.com.
Daily Archives: March 7, 2024
Macro Briefing: 7 March 2024
* House approves first step to avert partial government shutdown
* Fed’s Powell says he expects rate cuts this year in House testimony, but…
* Powell also says he needs “see a little bit more data” before moving on rates
* China’s exports and imports beat estimates, suggest improving demand
* China could flood US electric-vehicle market with its cars, says Energy Secretary
* US companies hired more workers in February vs. January, ADP estimates
* US economy accelerated slightly in early 2024: Fed Beige Book
* US job openings are steady at elevated level in January:
