US economic activity looks set to post a sharply softer rate of growth in Wednesday’s initial estimate of first-quarter GDP, based on the median nowcast for several estimates compiled by CapitalSpectator.com.
Daily Archives: April 29, 2025
Macro Briefing: 29 April 2025
Treasury Secretary Bessent on Monday said Beijing is responsible for reaching a trade agreement with the US. “I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable.”
