US economic output is still on a path for a materially softer pace of growth in the first-quarter GDP report scheduled for release at the end of this month. The expansion will be strong enough to minimize recession risk, but the deceleration in the trend via GDP data will remain conspicuous for a second straight quarterly update.
Daily Archives: April 5, 2024
Macro Briefing: 5 April 2024
* Treasury Sec. Yellen in China focusing on flood of cheap goods
* No rate cuts this year is a possibility, says Fed’s Kashkari, but…
* Goldman Sachs’ chief economist says no cuts in 2024 would be “very surprising”
* Global economic activity strengthens in March via PMI survey data
* US jobless claims climb to 2-month high but continue to forecast rising payrolls:
