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Atlanta Fed GDPNow estimate for Q4 growth rises to 3.4%

Atlanta Fed GDPNow estimate for Q4 growth rises to 3.4%

The Atlanta Fed GDPNow estimate for Q4 growth moved up to 3.4% from up from 2.8% on December 1. The dichotomy between some of the numbers like this and the ISM services report from yesterday, and the perception of a recession/slower growth/slower inflation has traders and central banks alike scratching their heads and wondering which way "Humpty Dumpty will fall".

In the Atlanta Fed's own words:

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in th... Read More

Posted: Dec 6 2022, 17:36
Author Name: forexlive
Views: 110258

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